Global Fraud Trend Analysis and Review 2018 – Commissioned by MAG

01st November 2018
Contributor:
CMSPI
CMSPI
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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)

Topics Covered:

Consumer Payment Trends

Transaction profiles from around the globe

Global Fraud Trends

A breakdown of fraud trends in key westernized economies

Real Time Payments

Payments infrastructures & the growth of Real-Time payments

Contactless Trends

Countries that have adopted contactless and what it means for fraud trends

Contributors:

Research by CMSPI

 

Commissioned by Merchant Advisory Group (MAG) With support from Fiserv

Authors:

Brendan Doyle, CMSPI, CEO Elley Frost, CMSPI, President Alistair Combes, CMSPI, SVP of Knowledge
Jenna Birch, CMSPI, Product Manager Callum Godwin, CMSPI, Chief Economist Steve Mott, CEO, BetterBuyDesign

Please note, if you don’t receive the white paper within 5 minutes, it may be stuck in your junk/spam filter. If you have any further issues, or questions about the report please email Alex Ellwood at aellwood@cmspi.com.

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