Feedzai’s Financial Crime Report: Fraud Attacks Skyrocketed in 2020
650%
250% increase in online banking fraud attacks
178% fraud rate increase for digital media
70% of all fraud is driven by card not present (CNP) transactions
48% drop in card present (CP) fraud attacks, though transaction volume only drops 20%
SAN MATEO, Calif., March 04, 2021 (GLOBE NEWSWIRE)
Feedzai, the world’s leading cloud-based risk management platform, has announced its
Financial Crime Report Q1, 2021. Feedzai’s data from financial transactions across the world shows a stark difference in consumer behavior and financial crime in the Asia-Pacific (APAC) region as compared to Europe (EU) and North America (NA). A clear image appears – a hyper-digital world where east and west are in different recovery stages, reflecting different regional financial crime trends.
Feedzai Inc: Feedzai s Financial Crime Report: Fraud Attacks Skyrocketed in 2020
250% increase in online banking fraud attacks
178% fraud rate increase for digital media
70% of all fraud is driven by card not present (CNP) transactions
48% drop in card present (CP) fraud attacks, though transaction volume only drops 20%
SAN MATEO, Calif., March 04, 2021, the world s leading cloud-based risk management platform, has announced its
Financial Crime Report Q1, 2021. Feedzai s data from financial transactions across the world shows a stark difference in consumer behavior and financial crime in the Asia-Pacific (APAC) region as compared to Europe (EU) and North America (NA). A clear image appears - a hyper-digital world where east and west are in different recovery stages, reflecting different regional financial crime trends.
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