BlogJanuary 9, 2017

The value of false declines is more than 13 times the total amount lost to actual card fraud

Today’s Tidbit:

“We estimate that in the U.S. alone, the value of false declines is more than 13 times the total amount lost to actual card fraud”

Al Pascual, senior vice president, research director and head of fraud and security at Javelin Strategy & Research.

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