FICO Data Shows Anti-Fraud Technology Keeping UK Card Fraud Losses at Bay

FICO , the leading provider of analytics and decision management technology, announced that card-not-present (CNP) fraud accounted for three-quarters of card fraud cases and fraud losses in the UK from 2012-2014, based on the payment cards in the FICO Falcon Fraud Consortium for Europe. Despite the dominance of CNP fraud, UK issuers have used anti-fraud