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2011 Fraud losses continue downward trend
07 March 2012

2011 Fraud losses continue downward trend

The latest payment fraud losses for 2011, released today (7 March 2012) by the banking and card payments industry show that credit card, debit card and online banking fraud levels have fallen again. This continued success is thanks to efforts by the industry, partners, and importantly, customers. Fraudsters’ activities in other areas have caused a minor increase in cheque and telephone banking losses.

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