Hampshire, UK – 15th June 2026: New research from global tech strategists Juniper Research has found that the value of transactions lost to friendly fraud, also known as first-party fraud, will reach nearly $16 billion in 2031; a growth of 96% from its 2026 value of $8.1 billion. Rising from 22% of chargebacks in 2026, friendly fraud’s growth is driven by an increase in consumers perceiving forms of fraud that target merchants as ‘victimless crimes’.