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Card Fraud, Card fraud losses, card not present fraud, Cyber Security, Daily news, FICO, Fraud & Security, Risk & Compliance -

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.

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Card Fraud, card not present fraud, credit card fraud, Cyber Security, Daily news, debit card fraud, financial fraud, Fraud, Fraud & Security, Fraud losses, Fraud Report, payment card fraud, Risk & Compliance -

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.

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Card Fraud, card not present fraud, Cyber Security, Daily News, Fraud, Fraud & Security, Identity, Instant Payments, Issuing & Acquiring, Risk & Compliance -

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.

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card not present, card not present fraud, Daily News, E-Commerce, EMV, Fraud & Security, Issuing & Acquiring, U.S. Payments Forum -

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.

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card not present, card not present fraud, Cyber Security, Daily News, Fraud & Security, Identity, Issuing & Acquiring -

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 [...]

The post Solving the Card Not Present false decline puzzle appeared first on Payments Cards & Mobile.

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