Displaying items by tag: Fraud

Michel van Aalten, Adyen country manager ANZ

According to the Australian Payments Network, payment fraud on Australian credit cards hit $476 million in 2017, surging from $218.1 million in 2016. As of 2018, online card fraud now accounts for 85 per cent of all card fraud in Australia.

Retailers worldwide are set to lose some US$130 billion in digital CNP (Card-not-Present) fraud between 2018 and 2023, according to a new report highlighting the use of increasingly complex approaches by fraudsters.

Published in Security

Having organisations break down historic barriers and more proactively share data and risks helps the industry as a whole do a better job collectively in identifying fraud, Stewart Bradley says. 

Published in Data

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