eRetail

Online fraud transactions to more than double by 2020, study says

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Online fraud transactions are expected to reach $25.6 billion (£17.6bn) by 2020, up from $10.7 billion (£7.4B) last year. Meaning that by the end of the decade, $4 (£2.7) in every $1,000 (£687) of online payments will be fraudulent.

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