Payment card fraud losses worldwide reached $33.83 billion in 2023, according to The Nilson Report’s Annual Fraud Statistics issue — up 1.1 percent from 2022. In the next 10 years, card fraud will ...

Credit card fraud has been on the rise in recent years. The Federal Trade Commission’s most recent database indicates that 416,582 cases of credit card fraud were reported in 2024, making it one of ...

Debit cards are as vulnerable to theft as credit cards and offer limited fraud protection. Depending on how soon you report the fraud, you could be responsible for up to $50 in unauthorized ...

Credit card fraud is the most common form of identity theft, according to the FTC. Nearly 450,000 cases of credit card fraud were reported to the FTC in 2024, and 416,579 cases were reported in 2023.

Recent customer anecdotes serve as a reminder to issuing banks to flag fraudulent merchants to prevent recurring, unauthorized transactions when banks issue replacement cards. Processing Content Visa ...

Every time you tap your debit card, you are giving direct access to the cash in your checking account. In low‑risk situations that can be convenient, but in the wrong place a single compromised ...

Yep -- got the email a couple of days ago, and it seems my personal info was caught up in a massive bank data breach. Hackers now have access to my full name, address, birthdate, email, phone number - ...

If you’ve ever spotted a suspicious charge on your debit or credit card, you’re not alone. How your bank or card issuer handles credit card fraud disputes has a bigger impact than you might think. It ...

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Fraud loss rates have climbed for debit cardholders, according to a Kansas City Federal Reserve Bank analysis issued Wednesday that is based on Federal Reserve Board data released in December. The ...