Retail Payments Fraud: How Consumers and Banks Can Fight Back
FICO
APRIL 29, 2022
There’s a lot going on in the retail payments space – defined as transactions between two consumers, between consumers and businesses, or between two businesses. With any change, fraud comes hand-in-hand. While fraud rates over ACH remain small, just four basis points (.04%), That $490 billion in 2021 comprised 1.8
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