Deposit Account, Monetary Loss and Scams

European Card Fraud — How the UK Drove Down Losses 8%

FICO

SEPTEMBER 16, 2020

It was a strong year for many European countries in reducing basis point fraud losses (a ratio of fraud losses to card sales), against the backdrop of increased transactional volume and value in 2019. The biggest threat today comes from digital fraud and scams, which continue to increase exponentially across all markets.

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European Card Fraud — How the UK Drove Down Losses 8%

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