Card Fraud Marketplaces Shut Down

Article

Card Fraud Marketplaces Shut Down

Three large marketplaces known to sell illegally obtained credit card and personal information have been shut down. DarkMarket, a dark web enterprise that claimed 500,000 users and 2,400 merchants, closed after its operator was arrested in Germany. The marketplace was launched in May 2019. Europol reports that $170 million in cryptocurrency transactions took place on the site. Another illegal marketplace, ValidCC, closed after claiming that authorities seized its servers. ValidCC was known for hacking ecommerce merchant sites. Consumer credit card information was stolen using code that s...

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Nilson Report

1191

February 2021

Headlines in this Issue

Charts in this Issue

U.S. General Purpose Brands–Purchase Volume in 2020

U.S. General Purpose Cards with Change vs. 2019

U.S. Credit Card Outstandings with Change vs. 2019

Market Shares of Purchase Volume on General Purpose Cards in the U.S.

General Purpose Credit Cards in the U.S.

Purchase Volume on Mastercard and Visa Credit and Debit Cards

Visa vs. Mastercard Credit and Debit Cards in Circulation 2010-2020

Credit, Debit & Prepaid Cards

Debit & Prepaid Cards

Investments & Acquisitions–January 2021