Fraud Losses news and trends

TransUnion Acquires eCommerce Fraud Company

December 11, 2015
Global Card Fraud Damages Reach $16B
News // August 06, 2015

The losses from worldwide fraud on credit cards, debit cards and prepaid cards hit $16.31 billion last year on a total card sales volume of $28.844 trillion, The Nilson Report announced yesterday (August 5).

Quick Reads
TransUnion Acquires eCommerce Fraud Company

December 11, 2015
In an effort to expand its fraud and identity management offerings, global credit and information management solutions provider TransUnion closed on the $44 million acquisition of Trustev. Ireland-based Trustev supports digital verification technology across numerous industries, and its online risk analytics will be leveraged by TransUnion to provide customers with additional support for account acquisition, […]

Global Card Fraud Damages Reach $16B

August 06, 2015
The losses from worldwide fraud on credit cards, debit cards and prepaid cards hit $16.31 billion last year on a total card sales volume of $28.844 trillion, The Nilson Report...