The Benefits of Collecting and Reporting Payment Fraud Statistics for the United States

Richard Sullivan

Payments System Research Briefing, 2009, issue October, 1-5

Abstract: This article argues that publication of fraud statistics helps the payment industry to coordinate security efforts, provides useful information for policymakers, and helps to promote consumer confidence in payments. However, while other countries regularly publish such statistics, it is an open question whether they will become available in the United States.

Keywords: Payment Systems; Payment Fraud; Fraud Statistics (search for similar items in EconPapers)
JEL-codes: E42 (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (4)

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