card not present fraud RSS
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.
Fraud losses on UK-issued cards totalled £671.4 million in 2018, a 19% increase from £565.4 million in 2017. At the same time, total spending on all debit and credit cards... more
The post Fraud Report: losses on UK-issued cards totalled £671.4 million in 2018 appeared first on Payments Cards & Mobile.
Markets across Europe have made significant gains in the fight against card fraud, specifically in France and the UK, which achieved 6% and 8% reductions. Despite this, losses across the... more
The post Fraud losses rising across Europe – UK see 8% drop in card fraud appeared first on Payments Cards & Mobile.
With card-not-present fraud a global concern, many countries have deployed various fraud prevention tools to help curb fraud in both online and mobile channels. In this report, the U.S. Payments Forum has reviewed experiences from countries around the world to assist the US payments industry in mitigating card-not-present fraud. Globally, card-not-present fraud includes telephone, Internet, and mail-order [...]
The post US Payments Forum provides guidance on card-not-present fraud appeared first on Payments Cards & Mobile.
In recent years, the payments industry has started to view the growing Card Not Present fraud problem through an entirely different lens. Today, the overwhelming consensus is that the Card Not Present fraud problem, while increasingly costly, ultimately drives a much larger card acceptance problem. To combat the rise in Card Not Present fraud, both [...]