Combating Card Fraud - Plugging the weakest link This issue of Datamonitor’s Cards and Payments briefing service focuses on payment card fraud, sizing the problem and looking at what can be done to fight it. Across the globe fraud levels have increased dramatically, especially in the last two years. But Datamonitor believes the tide is about to turn. Fraud as a proportion of transactions is low. However, Europe has seen dramatic growth in absolute fraud over the last two years, and it is this that is cause for concern. There are also signs elsewhere that Europe is not the only region that should be worried. ‘Combating Card Fraud’ details the levels of fraud in Europe and the US, both in terms of absolute value and fraud rate, examining the differences between regions. It then goes on to look at the issues behind the statistics including drivers of fraud, why card issuers should care and Internet fraud.
