Learn how card-present fraud occurs when thieves use counterfeit cards in physical stores. Discover detection strategies and the impact on U.S. transactions.
Credit card fraud costs businesses billions of dollars per year and the bulk of these losses come from online transactions. Merchants usually have the most to lose in such instances ― the consumer is ...
New research reveals that insurance fraud has seen the largest percentage increase of any sector over the past seven years, growing by a staggering 211% since 2017. Plastic card fraud remains the most ...
Debit cards are as vulnerable to theft as credit cards and offer limited fraud protection. Depending on how soon you report the fraud, you could be responsible for up to $50 in unauthorized ...
In the current digital era, financial security is an issue that we usually do not pay attention to until suddenly, through a notification or a transaction we did not expect, we realize just how much ...
Wire fraud losses often aren’t protected by the FDIC or the Electronic Funds Transfer Act. Here’s what banks cover, what they ...
I often talk about how insurance fraud affects your premiums. That’s because according to some estimates insurance fraud adds 20 percent to your insurance bill. What could your family do with an extra ...
LONDON--(BUSINESS WIRE)--The FICO European Fraud Map 2024 has revealed a worrying trend of rising card fraud levels and losses across the continent. The data from Euromonitor International on 18 ...