UK card fraud losses at 10 year low
Pleasantly surprising good news from the UK:
Fraud losses on UK cards fell to their lowest levels for 10 years in the first half of 2010, while online banking also saw a decrease in the amount lost for the first since 2007.
According to the UK Cards Association, total fraud losses on UK cards was £186.8 million in the first half, down 20% on the same period in 2009 and the lowest figure for 10 years.
Read more on Finextra.