US Card Skimming Grew Nearly 5x in 2022, New FICO Data Shows
FICO
FEBRUARY 16, 2023
By using this contactless payment method, consumers can take advantage of tokenization and encryption of card details, making it much harder for criminals to capture sensitive card information. We saw that in 2022, 58% of the attempted transactions in fraud cases were balance inquiries. Debbie holds a B.A.
98 
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