$1.5+bn in Fraud Blocked in 2025 as Australian Lenders Reported Increasing Credit Application Manipulation and Money Mule activity
17th Mar 2026

New insights from the Equifax Fraud Index Report – 2025 year in review reveals Australian lenders spent 2025 fighting an ongoing battle against fraudsters, successfully preventing over $1.5 billion worth of reported fraudulent financial applications before they occurred. 

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Consumers who purchased a MyCreditFile Express product which was available from 12 March 2014, may be eligible for a refund from Equifax (formerly Veda).

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These best practice steps for data driven segmentation will help make sure even small projects can transform entire companies on the road to bigger market share.

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