Summary
UK card fraud losses rose by 20 per cent last year, totalling pounds 504.8 million, according to figures released today.
The rise is attributed to fraudsters increasing their activity before the security benefits of chip and PIN are fully realised, the Association for Payment Clearing Services said.See the full content of this document
Extract
Uk Card Crooks Set to Have Their Chips
Card-not-present fraud (CNP) continues to be the biggest fraud type - up by 24 per cent to pounds 150.8 million compared to pounds 122.1 m...
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