Global Fraud Trend Analysis and Review 2018 – Commissioned by MAG

Report Overview:

This report (commissioned by the Merchant Advisory Group, with support from Fiserv, with analysis provided by CMSPI) studies global fraud trends, and aims to analyze the contributing factors behind shifting patterns in card fraud. Throughout the report, publicly-available information is interspersed with real-world data from CMSPI merchant clients; there are also industry insights derived from interviews with experts in a variety of fields (issuers, processors, merchants, networks), all of whom have a stake in the payments process and are affected by global fraud.

Global card fraud has increased from an average of 4.78 cents per $100 of the total volume of transaction value in 2006, to 7.2 cents per $100 today (Nilson Report). This represents a 51% increase over 10 years, despite technological advancements making it harder to clone cards and steal account information. That increase, however, has been fueled by… (download report to read more)