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Current account fraud hits highest level ever

Current account fraud hits highest level ever

Experian has revealed that the financial services industry saw a 16% quarter-on-quarter jump in fraud rates in the period January – March 2012, driven primarily by a significant surge in current account fraud. 19 in every 10,000 applications for financial services were found to be fraudulent in the first three months of 2012, up from 16 [...]

The post Current account fraud hits highest level ever appeared first on Payments Cards & Mobile.

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