The Future of Fraud and Scam Controls in Canada: Taking Lessons Learned from Global Leaders

Welcome to the future of fraud and scam prevention in Canada. Financial scams are growing more sophisticated, and Canadians have already suffered significant losses—over $567 million in 2023 alone. As the financial landscape evolves with innovations like Real-Time Rail (RTR), the urgency to implement robust controls has never been greater.

The white paper, The Future of Fraud and Scam Controls in Canada: Taking Lessons Learned from Global Leaders, provides a comprehensive roadmap for addressing this pressing issue. With insights drawn from the experiences of international leaders, such as the UK and Australia, this paper outlines actionable strategies these nations have taken to reduce fraud and scam losses.

Download the white paper to learn more about the Canada Department of Finance consultancy to modernize fraud and scam controls and how best practices from other countries who have already implemented similar measures can pave the way for stronger consumer protection, reduced financial losses, and greater trust in the nation's digital financial systems.