Fraud & Ethics
Uncategorized
Credit card fraud costs global economy $32bn, says AMF
Global credit card fraud losses incurred by financial institutions and individuals reached an estimated $32.3bn in 2021, according to the Arab Monetary Fund (AMF), marking a significant increase of 13.8 per cent compared to a year earlier. The increase in credit card fraud losses is forcing financial institutions to explore…
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Click here to read the full story: Gulf Business