Sentence examples for reduction in fraud from inspiring English sources

The companies say the deal closed on December 9 and the tech had actually already been integrated with customers seeing a 60% reduction in fraud as a result.

In the past year of using Ondot, the bank has experienced a reduction in fraud costs by 60percentt, increase in card usage by 54percentt, increase in card spend by 48percentt, and an increase in cardholder base by over 15percentt.

Since it was introduced in the UK in 2004, credit card fraud fell 67percentt, while Canadians saw a 75percentt reduction in fraud since introducing the technology nationwide in 2009.

Officials attribute the drop in applications from last year to a reduction in duplications and fraud.

Using her knowledge of emerging technologies, business, jewelry and insurance, Everledger is aiming at a new kind of global transparency for luxury, constructing a digital verification system that assists in the reduction of fraud, black markets, and trafficking.

Franks says the trial has resulted in a "significant" reduction in cards being incorrectly declined, and in fraud, as well as removing the hassle of having to contact a bank or card company before going abroad.

The contract stated that only the private sector could help government deliver reductions in tax credit fraud.

The shadow minister said the axing of 700 trading standards officers in job cuts and a £12m reduction in meat inspection budgets could make food fraud more widespread.