Resources
See latest resources »
House of cards?

House of cards?

Source: Federal Reserve Bank of Kansas

The Kansas City Fed analyses the changing nature of US card payment fraud and explores industry and public policy options.

While the US payments industry is taking steps to combat rising levels of payment card fraud, progress has been slowed by conflicts of interest, inadequate incentives and lack of co-ordination.

This article presents a preliminary estimate of the rate of payment card fraud in the US and concludes that policymakers should step up their monitoring of the sector and consider actions to "help the industry overcome barriers to effective development of security".

Download the document now 461.1 kb (PDF File)

Comments: (1)

Matt Scott
Matt Scott - Fiserv Inc - London 26 July, 2010, 11:56Be the first to give this comment the thumbs up 0 likes

I am not sure the Spanish Fraud figures are accurately represented - the ServiRed figures in the Annual Report would only cover Fraudulent Transactions processed by that Switch - which is one of three National Switches.  You would need to combine this figure will Fraud data from Sistema4B and Euro6000 (CECA) to have a more accurate figure.

Analysis resources
See all Analysis resources »
What’s Next for Nordic Payments?
/analysis

What’s Next for Nordic Payments?

The Rise of Real-Time and cross-Border, by Peter Larsson, Principal Solutions Consultant, Real-Time Payments - Europe & North America

T2/T2S Consolidation: Can digital transformation be an opportunity for liquidity management?
/analysis

T2/T2S Consolidation: Can digital transformation be an opportunity for liquidity management?

The Eurosystem project to consolidate TARGET2 and T2S and to meet changing market needs by enabling a truly real-time 24x7 settlement infrastructure for cash, securities and collateral aims at increasing efficiencies and optimising liquidity management across all TARGET Services.

SCA exemption: the perfect storm for machine learning
/analysis

SCA exemption: the perfect storm for machine learning

The payments community is well used to the abundance of acronyms that has become its legislation of late, but less so to the grey overlaps between various directives and standards - least of all Strong Customer Authentication (SCA) within the online and e-commerce payment experience.