Payment Card Fraud Losses Reach $32.34 Billion

SANTA BARBARA, Calif., Dec. 22 (Korea Bizwire) — Payment card fraud losses worldwide exceeded $32 billion in 2021, of which nearly $12 billion was in the US, according to the Nilson Report, the leading trade publication covering the global payment card industry. Losses to fraud worldwide increased by 14% in 2021. Over the next 10 [...]