Pat Carroll’s opinion piece “As Tide of Fraud Rises, Prevention Still Remains a Cure” in Credit Union Times – August 2012
In the U.S., fraud is an underground economy that costs individuals and businesses an estimated $200 billion a year. Gartner predicts that the overall cost of card fraud to the financial services industry will increase threefold over the next three to five years.
Pat Carroll explains
that whilst as an industry we may never have a perfect cure to fraud, it’s important to realize that intelligent, advanced prevention solutions already exist.
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