Tag: card fraud
Payment solution provider ACI Worldwide has launched a new technology solution to combat the growth of real-time payments fraud in the payments market.
Online card fraud has increased by 23% in the past quarter as more people use online transactions.
Overall spend on Australian cards in 2020 was down by 2.2% - the first recorded drop – but the overall value of card fraud increased by 0.6%.
Australian Payments Network (AusPayNet) has revealed the incidents of card fraud has decreased by 6.9%.