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Tag: losses

UK banks announce online fraud losses drop 32 percent

October 6, 2011 Author: Category: Greg's Blog

Online banking fraud losses in the UK fell 32%t in the first half of the year, according to figures from banks released on Wednesday. The decline is due to the increased use of fraud detection software by banks, an industry group said. Fraud losses in online banking totalled £16.9 million…

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