Showing posts with label fraud statistics. Show all posts
Showing posts with label fraud statistics. Show all posts

Tuesday, 23 October 2012

Global card fraud continues to rise

An article from Finextra says that a quarter of people have been hit by card fraud during the past five years, prompting many to ditch their provider - this is according to an ACI Worldwide-commissioned survey covering 17 countries around the world.

According to the Aite Group poll of 5223 people - around 300 for each country - Mexicans are the most likely to fall victim to fraudsters, with 44% hit in the last five years. America comes second (they have not yet adopted EMV or Chip and PIN) on 42%, followed by India on 37%. The UK ranks sixth on 34%, well above its European neighbours, Germany (13%) and the Netherlands and Sweden (both 12%).  Read the full story.