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US fraud rates are so low it's cheaper to eat the cost than to change the system. A more interesting question is: why are fraud rates so high elsewhere?
by all_blue_chucks 9y ago
US fraud rates are so low it's cheaper to eat the cost than to change the system. A more interesting question is: why are fraud rates so high elsewhere?
- nness 9y ago[The] U.S. the third-highest rate of fraud worldwide, and was the only country to remain in the top three from 2014 to 2016. Additional research from the Nilson Report, October 2016 stated that in 2015 alone, the U.S. accounted for 38.7 percent of the worldwide payment card fraud losses https://due.com/blog/addressing-rising-payment-fraud-rates-u-s/ https://due.com/blog/addressing-rising-payment-fraud-rates-u...