Payments Fraud Rides Money Mules Into 2019
PYMNTS
JANUARY 4, 2019
Juniper Research , for example, has estimated that retailers will lose as much as $130 billion in card-not-present (CNP) fraud through 2023 — as tech gets more complex and transactions are done across borders. As noted by UK Finance in September, nearly £100 million ($126.27 It’s no surprise that payments fraud is on the rise.
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