The Payments Association

JULY 15, 2025

Card-not-present fraud matched this figure, reflecting the ongoing challenges of securing remote transactions in an increasingly digital payments landscape. Account takeover fraud (8%) and chargeback fraud (6%) rounded out the most commonly cited high-impact types of fraud.

Financial Crimes

FICO

FEBRUARY 19, 2020

Account Takeover Fraud. The ability to move money out of accounts instantly makes account takeover fraud more attractive to fraudsters. Meanwhile, constant data breaches mean that fraudsters have access to account details that they can simply buy on the dark web. Tackling Fraud in Real Time Payments.

Real Time Payments

The Payments Association

JANUARY 14, 2025

“Unauthorised fraud often stems from device theft,” Davey explained, noting that once criminals gain access to interconnected apps, they exploit the ecosystem to drain accounts. Fraudsters often exploit advanced social engineering tactics to deceive consumers into granting access to their accounts.

Fraud Prevention