US Card Fraud Losses Could Exceed $12Bn By 2020 |
| October 27, 2016 | October 2016 Bond Updates |
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Fraud losses incurred by banks andmerchants on all credit, debit, and pre-paid general purpose and private label payment cards issued globally hit $21.84 billion (bn) in 2015, with the United States (US) accounting for almost two-fifths (38.7%) of the total at $8.45bn. But by 2020 it could surpass $12bn, were [...] |
| View more at: http://www.forbes.com/sites/rogeraitken/2016/10/26/us-card-fraud-losses-could-exceed-12bn-by-2020/ |
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