The number of means of payment fraud fell by 3.8% in 2021, but the average amount of damage increased by around 14% to 166 euros, the Banque de France noted on Friday.
The total amount of the fraud has reached 1.24 billion euros in 2021, i.e. an increase of 8.5% at constant methodology and scope. Check fraud continues to increase and these are average amounts of several thousand euros, so when the proportion of checks in overall fraud increases, in a very mechanical way, the average amount of fraud also increases, explained during a press conference Julien Lasalle, secretary of the Payment Methods Security Observatory (OSMP), which brings together the Banque de France, public authorities, banks and consumers.
It’s the same for transfer fraud, where we have a little shudder: it’s a fraud that strikes companies in particular with unit amounts that can be tens or even hundreds of thousands of euros, even if the cases are fortunately few, he continued. The fraud rate in value of checks is thus 0.079%, ie 79 euros fraud for 100,000 euros paid by this means, while transfer fraud is 0.0007% (70 cents fraud for 100,000 euros paid).
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The card value fraud rate is 0.059%, but the fraud unit amounts are lower. In addition, the development of strong authentication has made it possible to reach a historic low for payment fraud on the Internet.
New fraud techniques
But the strengthening of the security of the means of payment leads the crooks to resort more and more to manipulation techniques to lead the victim to make or validate the payments themselves, in particular by pretending to be their bank adviser.
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The development of these techniques, which we call handlingleads a gray area with too long repayment times, or even non-repayment, warned the governor of the Banque de France, Franois Villeroy de Galhau, while UFC-Que Choisir filed a complaint against twelve banks at the end of June on this subject. .
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