Tag: card fraud
Online fraud rises 23% in one quarter as people move online
Online card fraud has increased by 23% in the past quarter as more people use online transactions.
Spend on Australian cards dipped in 2020, but value of fraud...
Overall spend on Australian cards in 2020 was down by 2.2% - the first recorded drop – but the overall value of card fraud increased by 0.6%.
Stripe acquires fraud prevention expertise with Bouncer purchase
Payments juggernaut Stripe has acquired card authentication technology company Bouncer for an undisclosed amount.
Over £20m worth of fraud averted by banking industry-funded police unit
A specialist policing unit funded by the banking and finance industry revealed that £20m worth of fraud was prevented in 2020 – a figure up by £1m compared to 2019.
AusPayNet reveals the number of card fraud incidents is declining
Australian Payments Network (AusPayNet) has revealed the incidents of card fraud has decreased by 6.9%.
