European Card Fraud - Denmark
Explore card fraud loss trends across Europe with our interactive map, charts and analysis from FICO fraud experts
CNP Fraud Rises Despite Digital Banking Leadership
Once a standout for reducing fraud, Denmark now shows the fourth-largest rise in card fraud losses across Europe—to 3rd place in the basis points table, behind only France and the UK—driven primarily by a sharp increase in Card Not Present (CNP) fraud.
Despite Denmark’s leadership in digital banking and payment innovation, with some of the highest online banking adoption rates in Europe, fraudsters are capitalising on any weak links in the system. While many Danish banks have robust enterprise fraud frameworks, inconsistent adoption of advanced fraud analytics across the region leaves room for exploitation.
This shift underscores the importance of continued investment in real-time fraud detection, cross-bank intelligence sharing, and scam-specific models to protect a highly digital customer base.