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Focus on card fraud – The UK market
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
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Payment card fraud funding terrorism and other transnational crimes
Researchers at the premier dark web data intelligence company, Terbium Labs, have released the findings of new research that examines the deeply intertwined nature of payment card fraud and transnational crime. Results... more
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Fraud Report: losses on UK-issued cards totalled £671.4 million in 2018
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
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US EMV migration fails to halt rampant payment card fraud
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
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US fraud losses rising on debit cards – falling on credit cards
US fraud levels are rising across all payment card products, according to First Annapolis’ semi-annual survey of major card issuers, but changes in fraud write-offs vary by product. Survey results1 show that reported cases of payment-card fraud for credit, signature debit, and PIN/ATM debit all increased significantly from 2015 to 2016 writes Casey Merolla, Senior Manager, [...]
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