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Annual ACI Worldwide Global Fraud Report Finds One-in-Four Consumers Victims Of Card Fraud

You can read the full report titled; " Global Consumers React to Rising Fraud: Beware Back of Wallet," by clicking here.

ACI will be conducting a webinar to provide a more in-depth examination of the findings of the 2012 Fraud Survey on November 14 th. To register please click here.

Methodology

ACI Worldwide, a global leader in electronic payments for financial institutions, retailers, and processors, conducted online quantitative market research via a survey of consumers in July and August 2012. The study was conducted in a total of 17 countries across the following regions:

  • The Americas (North and South America): Brazil, Canada, Mexico, and the United States
  • EMEA (Europe, the Middle East, and Africa): France, Germany, Italy, the Netherlands, South Africa, Sweden, the United Arab Emirates, and the United Kingdom
  • The Asia-Pacific: Australia, China, India, Indonesia, and Singapore

In total, 5,223 consumers were included in the research: approximately 300 consumers, divided equally between men and women, participated in each of the 17 countries. Of the total, 5,114 own one or more type of payment card (i.e., credit card, debit card, prepaid debit card); in this report, the data related to card fraud focuses on these cardholders.

In each country, the data have a margin of error of approximately 5 points. Statistical tests of significance, where shown, were conducted at the 95 percent level of confidence.

About Aite Group

Aite Group is an independent research and advisory firm focused on business, technology, and regulatory issues and their impact on the financial services industry. With expertise in banking, payments, securities & investments, and insurance, Aite Group's analysts deliver comprehensive, actionable advice to key market participants in financial services. Headquartered in Boston with a presence in Chicago, New York, San Francisco, London, and Milan, Aite Group works with its clients as a partner, advisor, and catalyst, challenging their basic assumptions and ensuring they remain at the forefront of industry trends.

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