FEATURED CHART: Issue 1232 | Dec 2022


Issuers, merchants and acquirers lost $32.34 billion to fraud in 2021. The US accounted for 36.83% of losses to fraud even though it generated only 23.02% of total volume.

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FEATURED ARTICLE

Commercial payments account for 45% of total billed business at American Express, and more than 70% of those payments are business to business (B2B)—mostly...