TransUnion monitors digital fraud attempts reported by businesses in industries, such as gambling, financial services, insurance, retail and travel, and discovered the rate of suspected digital fraud attempts rose 16.5% globally when comparing Q2 2021 to Q2 2020. The conclusions are based on intelligence from billions of transactions and more than 40,000 websites and apps contained in its flagship identity proofing, risk-based authentication and fraud analytics solution suite — TransUnion TruValidate™. With consumers expecting their discretionary spending to fall at the beginning of 2022 — potentially explained as a mixture of post-holiday belt tightening, an impact of COVID-19 restrictions or caution aligned to a possible cost of living increase — sectors like banking, telco, retail and travel will be highly competitive, prompting businesses to consider the strengths and weaknesses of their onboarding journeys.