NORWAY Decrease in Fraud YoY
Data provided by Euromonitor International
Value Lost to Fraud Continues to Decline
Norway’s figures are a testament to the ongoing hard work to limit fraud in the region and as such, Norway have reported the best results in Europe. Despite feeling the impacts of CNP migration, they have continued to reduce their exposure, by using advanced analytics and market leading fraud platforms such as the FICO® Falcon Platform with its advanced CNP models.
With a continued focus on innovation and technology, Norway can continue to achieve a positive reduction in losses, year on year.