Mentioned Companies:

Card Fraud Losses Reach $16.31 Billion

Credit, debit, and prepaid general purpose and private label payment cards worldwide generated $28.844 trillion in purchases of goods and services as well as cash advances and withdrawals in 2014, up 14.7% from the prior year. The total volume figure represents both global brand and domestic-market-only card products. Gross fraud losses to criminals incurred by issuers, merchants, and acquirers of $16.31 billion increased 19.0% over 2013. Fraud losses occurred from counterfeiting, card not present (CNP), fraudulent application, lost & stolen, card not received, and other much smaller ca...

Want to read more?

Please log into your subscriber account.

Check out our subscription offers.
New subscribers receive over 130 articles in the 22 issues published each year, plus the last five years of issues (that’s over 1,200 articles) as a download link, which are fully searchable in PDF format.

© Copyright 2024 Nilson Report


August 2015
Headlines in this Issue
Charts in this Issue

Card Fraud Worldwide 1993 – 2014

Card Fraud Projected – Global Losses

Market Capitalization & Revenue for Payment Companies

U.S. Visa & MasterCard Commercial Cards

Largest U.S. Issuers of Consumer Visa & MasterCard Cards 2014

Growth in Fraud vs. Total Card Volume Worldwide

Card Fraud in Basis Points

Merchant Acquirers in Middle East/Africa 2014