credit card fraud

Card fraud levels rise across Europe

17th July 2025 Consumer Lending | #credit card fraud #europe

New analysis from FICO has revealed a worrying trend of rising card fraud levels and losses across the continent. The data from Euromonitor International on 18 countries shows that Card Not Present (CNP) fraud dominates card fraud losses and has increased across most countries. E-commerce fraud, e-wallet, social engineering and QR code fraud or “quishing”…

£58.9m stolen in card fraud in past 3 years

5th September 2024 Consumer Lending | #credit card fraud

Almost £60 million has been reported stolen through card fraud over the past three years in the UK according to new research from Trustly, The figures were obtained via a freedom of information request sent to the National Fraud Intelligence Bureau run by City of London Police. The research found that credit card fraud is the…

2.7m card fraud is filed every year

28th May 2024 Consumer Lending | #credit card fraud

A new report by Scams.info has found that there are 2.7 million card fraud loss reported every year in the UK. Scams.info’s report has studied the number of of fraud across a five year period to determine which fraud types are most on the rise, and which types are becoming less common. The fraud type…

Scammers stole nearly £422m in the last quarter

26th March 2024 Consumer Lending | #credit card fraud

A new credit card fraud report from Uswitch which analysed police figures has found that scammers stole £422 million last quarter, from 92,739 reported cases of fraud Consumers lost £1,212 million to credit card fraud in 2022, down 5% from the previous year with over three quarters (76%) of fraud was credit card fraud. The data…

Credit card fraud hits ten year high

13th February 2023 Consumer Lending | #credit card fraud

Credit card application fraud rose to its highest-ever recorded level in 2022, new analysis from Experian reveals. Credit card application fraud rose by 18% in the last quarter of 2022, with fraudsters looking to take advantage of people’s Personally Identifiable Information (PII) and take out credit and borrowing in their name. The rise means the…

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