First-Party Fraud Rises Amidst Economic Pressures
Equifax, Inc. (EFX)
Last equifax, inc. earnings: 4/20 05:24 pm
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Source: GlobeNewswire
First-party fraud rose 31 per cent year-over-year, with the sharpest pressure showing up in credit cards, banking, and younger consumers Equifax Canada Market Pulse Fraud Trends TORONTO, April 15, 2026 (GLOBE NEWSWIRE) -- Equifax Canada’s latest Market Pulse Fraud Trends and Insights data reveals a notable shift toward first-party fraud, where individuals intentionally misrepresent their own financial information. First party fraud rates across Canada rose 31 per cent year-over-year between Q4 2024 and Q4 2025. Rates were higher in Ontario and Alberta and were more pronounced among younger demographics nationwide. The findings point to a shift in fraud risk. While third-party fraud continues to be a major threat, a growing share of risk is now coming from applicants using their own identity but providing false, inconsistent, or exaggerated financial information. “This concerning growth in first-party fraud activity is a trend no lender can afford to ignore,” said Carl Davies, H
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EFX
News
- More Canadians are lying about their finances [Wealth Professional (Canada)]Wealth Professional
- Equifax (EFX) was given a new $222.00 price target by Mizuho.MarketBeat
- Equifax Introduces The Work Number® Record Indicator for Auto or Personal LoansPR Newswire
- Equifax (EFX) had its price target lowered by UBS Group AG from $230.00 to $220.00. They now have a "buy" rating on the stock.MarketBeat
- Equifax Announces Earnings Release Date and Conference Call for First Quarter 2026 Results [TheStreet.com]TheStreet.com
EFX
Earnings
- 2/4/26 - Beat
EFX
Sec Filings
- 4/2/26 - Form 4
- 3/27/26 - Form ARS
- 3/27/26 - Form DEFA14A
- EFX's page on the SEC website