Airline Fraud
Visa data shows airline fraud drops 2.9%, but total losses rise to $77.7 million
Visa’s latest report reveals that European airline fraud losses have climbed to $77.7 million over the past year (VisaNet MIS Fraud Insights) even as overall fraud rates have declined by 2.9%. This rise has been driven by increasingly sophisticated cross-border operations, but as 99% of this fra...