U.S. Card-Not-Present Fraud Surpasses Counterfeit Fraud

By  |  August 26, 2012
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According to statistics released by FICO Falcon Fraud Manager Consortium, card-not-present fraud losses increased at twice the rate of losses sustained by counterfeit fraud in 2011.

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    This continues a trend toward online, mail-order and telephone-order fraud, reports The Paypers.

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