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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.

In 2015, the US financial industry began a massive migration to the EMV standard in response to overwhelming levels of payment card fraud. The inherent security of EMV technology in... more

The post US EMV migration fails to halt rampant payment card fraud appeared first on Payments Cards & Mobile.

In a new infographic looking at mobile fraud we can see: 58% of digital transactions now originate from mobile devices Mobile attacks are increasing, with one third of all fraud... more

The post Mobile fraud reaches 150 million global attacks in H1 2018 attack rising 24% appeared first on Payments Cards & Mobile.

Cifas, the UK fraud prevention service, has released new figures showing that identity fraud has fallen for the first time since 2014. Figures show a 5% drop in the first six... more

The post New figures reveal identity fraud falls for the first time since 2014 appeared first on Payments Cards & Mobile.

In the new and comprehensive 2018 True Cost of Fraud report, for the retail sector, LexisNexis Risk Solutions findings show fraud is escalating at an unprecedented pace in an industry already operating... more

The post Retail fraud volume and cost increase sharply according to 2018 True Cost of Fraud report appeared first on Payments Cards & Mobile.