TITLE

Online Merchants Cut Fraud Losses

PUB. DATE
December 2009
SOURCE
American Banker;12/1/2009, Vol. 174 Issue 214, p11
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports on the results of a survey conducted by the electronic payment and risk management company CyberSource Corp. of Mountain View, California. The survey of 352 businesses found that revenue lost to electronic commerce (e-commerce) fraud declined to 3.3 billion dollars in 2009 as compared to four billion dollars in 2008.
ACCESSION #
45614258

 

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