UK card fraud is significantly decreasing, according to the “UK Cards Association” statistics UK card fraud is down 20% to £187m for the first half of 2010. http://www.theukcardsassociation.org.uk/media_centre/press_releases_new/-/page/1037/ There are several reasons why card fraud in the UK has been dropping in my opinion: 1. Chip & Pin Chip & Pin, known as EMV in the payments industry, has been highly successful in cutting "cardholder present" fraud, namely face to face debit and credit card transactions, since its adoption in the UK in 2005. Chip and Pin has forced card fraudsters to commit fraud against stolen UK cards in different ways, typically by using online payments or by creating counterfeit UK credit cards to use in countries where Chip and Pin hasn’t been mandated. However since 2005 more and more countries have observed the huge success of Chip and Pin in the UK, and have been adopting the same payment approach, this in turn is also helping to red...