Central Banking

ECB reports decline in card fraud

A padlock on a number of credit cards

The European Central Bank (ECB) released its first report on card fraud on July 25,  showing a downward trend in the crime since 2007.

The report was compiled by the Eurosystem, meaning all 17 national central banks of the euro area worked alongside the ECB to monitor progress in stamping out fraudulent payments via card. Technological advances, the report found, have been key to increasing the security of transactions.

The oversight report analysed fraud developments related to card payments in

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: