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.

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