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Credit Card Fraud in the U.S.

Credit Card Fraud in the U.S.

This is an interesting summation of card based fraud in the U.S. vs the rest of the world.

i.e. the U.S. have approximately 50% of card fraud losses in dollar terms.

Mostly, in my opinion, its because the U.S. market has historically employed an antiquated approach of how to secure payment transactions.