According to online statistics database Statista, the value of payment fraud losses in the United States rose from $5.6 billion in 2012 to an estimated $9.1 billion in 2018. Read More
Tag: debit card fraud
Two Romanian nationals were indicted by a federal grand jury in Virginia Wednesday and charged with bank fraud, debit card fraud, and aggravated identity theft. Florin Bersanu, 31, and Viorel Naboiu, 43, are accused of installing skimming devices on ATMs in Virginia, West Virginia, and Florida according to the indictment. Read More
The Latest Credit Card Fraud Statistics and Insights
Credit card fraud statistics reveal that online and card-not-present fraud is expected to increase in the coming years.
By Kelsey Seidler
Despite the introduction of more secure chip technology (also known as Europay, Mastercard, and Visa, or EMV technology), credit card fraud remains a concern Read More