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Expert view: the ACI blog

Michael Grillo

Senior Product Marketing Manager

Posted on: Thursday, February 6, 2014

Customer Loyalty in the Face of Fraud

My colleague, Seth Ruden, wrote last week about how banks, processors and retailers are challenged to ensure they have the proper protocols in place to prepare for and respond to payments fraud threats.  He stated, “An unfortunate reality of being in the payments business is fraud… there were at least many hundreds (if not well into the thousands) of data breaches last year of varying size, some which are never reported.”

Andy Morris

Lead Solutions Consultant

Posted on: Friday, January 27, 2012

Fraud around every corner?

The latest round of industry statistics paints a bleak picture of UK fraud. CIFAS’s latest report identified a 9% growth in fraud, whilst also highlighting an 18% growth in account takeover related fraud, and 13% for misuse of facility fraud (first party fraud).