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Contactless Payments Fraud – A Sleeping Lion in a Trillion-Pound Market

FICO

trillion by 2028. If we look at the current numbers against the wider backdrop of card fraud, they are fairly low in comparison. For example, in the UK, data from UK Finance revealed that in 2020 there was a total of £574 million lost through card fraud. Europe and the UK are currently leading the market.

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Here’s How to Become More Than the Branch Next Door

Gonzobanker

It’s sort of like asking Taylor Swift to give up singing to take a job handling financial fraud instead. According to an American Banker article (subscription required), it takes 400 years for a debit card to degrade. In our registration batch, a question from one banker says it all: “Can we actually differentiate?” Short answer: Yes.

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