Posts Tagged ‘UK Cards Association’
Card fraud continues to fall
The UK Cards Association has today revealed that credit and debit card fraud continues to decline. According to the Association, fraud losses on UK credit and debit cards totalled £365.4 million in the 2010 year – a drop of 17% compared with 2009. The figure represented a 10-year low and compares with the record high [...]
Credit card fraud falls, online banking fraud grows
The UK Cards Association has today revealed a fall in credit and debit card fraud – partly due to the introduction of chip-and-pin.
According to the Association, fraud losses on UK credit and debit cards totalled £440.3 million in 2009 – a fall of 28% compared with 2008 and the first annual decline since 2006.
While it [...]