From Mobile Payments Today:
Report: Mobile commerce fraud increased in 2014
Revenue that mobile commerce merchants lost to fraud spiked 70 percent in 2014 to 1.36 percent compared with 0.80 percent in 2013, according to a new report from LexisNexis Risk Solutions Inc. For comparison, all merchants lost 0.68 percent of revenue to fraud in 2014 in comparison to 0.51 percent in 2013.
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