Card Fraud: Experian reports 22% rise in credit card fraud detections

25 Nov 2023 1:00 PM | Anonymous member (Administrator)

Credit card fraud is on the rise, with Experian (OTC:EXPGF) documenting a 22% increase in detected fraudulent applications from January through September of this year compared to the same period last year. Eduardo Castro from Experian highlighted the significant financial and emotional impact of identity theft, especially "third party" incidents, and emphasized the importance of consumer alertness ahead of an expected spike in fraud this Christmas season.

https://uk.investing.com/news/stock-market-news/experian-reports-22-rise-in-credit-card-fraud-detections-93CH-3243824

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