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Nilson Report

One-Third of All Credit Card Fraud Loss Occurs in U.S.

According to the latest Nilson Report, the United States accounts for more than one third of credit card fraud loss around the world. The worldwide losses for 2015 reached $21.84 billion, with the U.S. losing $8.45 billion (38.7%). Card issuers took the biggest hit from fraud losses, paying out $15.72 billion. Merchants and card acquirers

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