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Fraud Prevention Month 2022

Raising fraud awareness and promoting confidence in the marketplace to Recognize, Reject and Report Fraud.

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Symcor is proud to partner with the Competition Bureau of Canada as a member of the Fraud Prevention Forum

Co-chaired by the Competition Bureau, the Royal Canadian Mounted Police, the Canadian Anti-Fraud Centre and comprising of over 60 organizations, the Forum is committed to fighting fraud aimed at consumers and businesses and educating Canadians how to Recognize, Reject, and Report fraud.

The month of March is annually identified as Fraud Prevention Month, where members of the Forum align to increase fraud awareness and promote confidence in the market. 

Follow the conversation on LinkedIn, using #FPM2022. 

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Join COR.IQ, Symcor’s powerful network to fight against fraud

Fraud is more pervasive than ever as fraudsters continually shift their tactics and exploit traditional banking silos. Organizations need a fraud detection model that is collaborative and enables them to detect signs of fraud and examine irregularities, rapidly and at scale.
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We provide business-to-industry expertise across our entire suite of products and services.

Connect with our team to discuss how we can create richer outcomes for your business.

COR.IQ is Symcor’s innovative anti-fraud alliance that facilitates collaboration across member banks to help identify fraud at scale with speed, accuracy, and ease.

COR IQ

“There are a lot of things that people can do, and products that can be brought to the market; but, at the end of the day, whatever is done or sold has to be for the common good.”

Chameli Naraine

President and Chief Executive Officer, Symcor

A Historic Year for Reported Fraud Losses

Approximately $379 million was lost to fraud in Canada in 2021. This represents an increase of 130% over 2020, according to the Canadian Anti-Fraud Centre (CAFC).
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