Global Card Fraud Damages Reach $16B

The losses from worldwide fraud on credit cards, debit cards and prepaid cards hit $16.31 billion last year on a total card sales volume of $28.844 trillion, The Nilson Report announced yesterday (Aug.

Sourced through Scoop.it from: www.pymnts.com

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Kenneth Carnesi holds a Juris Doctor degree from New York Law School and a Professional Certificate in International Banking from Harvard Law School. Kenneth Carnesi is the Director of Operations and Government Sales at Anaptyx LLC and sits on the Boards of The Lazarus Organization, Monkeetech LLC and MG Madison Phillips, Inc. Mr. Carnesi has also founded CICG - Carnesi International Consulting Group, a company specializing in strategy consulting to small to mid-size businesses.

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