23% OF CUSTOMERS CHANGE BANKS AFTER EXPERIENCING CARD FRAUD – SAYS REPORT
July 5th, 2014
THE United Arab Emirates (UAE), including Dubai and Abu Dhabi, heads the global league table for the percentage of consumers reporting that they have been victims of fraud involving credit, debit or prepaid cards. This emerges from a fraud study of more than 6,100 consumers across 20 countries conducted by international payment systems provider ACI Worldwide and analysts Aite Group. Indeed, 44% of UAE consumers said they had been attacked by card fraudsters within the past five years. Close behind were China and India, each at 42%, and the USA (41%). Britain ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.