New Data on Card-Present and Card-Not-Present Fraud Rates in the United States

Hayashi, F. (2025). New Data on Card-Present and Card-Not-Present Fraud Rates in the United States. Payments System Research Briefing.

Type

Report

Intellectual base

Grey literature

Year

2025

Link

https://www.kansascityfed.org/research/payments-system-research-briefings/new-data-on-card-present-and-card-not-present-fraud-rates-in-the-united-states/

Cited from

statistics_experimental_design

Cited by

1 citation across 1 artifact.

Each citation links to the sentence it supports in the citing article.

Primes

• False Positive Paradox
  • A bank deploys a fraud-detection classifier on card transactions where genuine fraud is roughly 1 in 10,000.

    This sourceReports U.S. card fraud rates of roughly 5-42 basis points by channel and network, documenting that genuine fraud is a small fraction of transactions and that false positives carry real customer cost, supporting the fraud-detection PPV-collapse example.

Verification

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Registry ID ref:c3d76e3aa7ce · see in the full table