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U.S. Card Skimming Fraud Grows 700+% in First Half of 2022

FICO

At FICO World 2022, I hosted a session where we talked about global fraud trends like authorized push payment scams and romance scams. And card skimming is big business; the FBI estimates that “skimming costs financial institutions and consumers more than $1 billion each year.”. But here in the U.S.,