Card Fraud RSS
Card fraud losses on UK-issued cards totalled £620.6 million in 2019, an 8% decrease from £671.4 million in 2018. At the same time, total spending on all debit and credit... more
UK banks achieved the biggest reduction in card fraud losses last year among 18 countries across Europe, according to the updated FICO European Fraud Map. More than half of the... more
The post UK banks outperform rest of Europe in reducing card fraud appeared first on Payments Cards & Mobile.
Data released by the payments industry self-regulatory body Australian Payments Network (AusPayNet) revealed a 19.5% decline in card fraud in 2019, the biggest decline since fraud data was first published.... more
The post AusPayNet report shows sharp decline in card fraud in 2019 appeared first on Payments Cards & Mobile.
Driven by the hardening of regulatory frameworks and an increase in prevention techniques, significant improvements in plastic card fraud have been recorded in multiple markets across Europe. For example, the... more
The post Evolution of card fraud in Europe: Data compromise overshadow improvements appeared first on Payments Cards & Mobile.
Figures recently released by the Australian Payments Network (AusPayNet), the payments industry self-regulatory body, show the rate of card fraud for the 12 months to 31 December was 72.8 cents... more
The post Australian Payments Network shows decline in payment card fraud appeared first on Payments Cards & Mobile.