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The one that comes to mind is the federal reserve report. https://www.federalreserve.gov/publications/files/changes-in-us-payments-fraud-from-2012-to-2016-2018
by orf 7y ago
The one that comes to mind is the federal reserve report.
https://www.federalreserve.gov/publications/files/changes-in-us-payments-fraud-from-2012-to-2016-20181016.pdf https://www.federalreserve.gov/publications/files/changes-in...
Tl;dr
For reference, according to the last ECB report in the EU the total value of fraudulent transactions from cards issued by SEPA countries was 0.041% of the total value of transactions (€1.8 billion - That's over 5x less fraud). Only 19% of that was point of sale fraud
$3.6 billion card fraud in the US is point of sale - 10x more than the €342 million point of sale EU fraud.
Overall there is $2.62 billion of counterfeit card fraud, $3.46 billion of "Fraudulent use of account number" (whatever that is), $810 million "lost or stolen card" fraud (not an issue with chip and pin), and $360 million "fraudulent application" fraud.