Over one-third of consumers have suffered card fraud: report

Singapore

THIRTY-SIX per cent of consumers in Singapore have experienced card fraud in the past five years, according to a new study done by ACI Worldwide and Aite Group.

ACI is a global payments company which helps financial institutions in electronic payments and banking, while Aite is an independent research and advisory firm focused on business, technology and regulatory issues, and their impact on the financial services industry.