Fraud & Security -

UK Card and Banking Fraud Losses Down 28% in 2009 to £440.3M

The UK Payments Council has released new data on fraud losses for the full year 2009 that show that "total fraud losses on UK cards fell by 28% between 2008 and 2009 to £440.3 million – a decrease of £170 million on the previous year’s total." According to the Council, "the combined force of industry [...]

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