Visa says card enumeration fuels more than $1 billion in annual global fraud losses

• Visa analysis estimates payment credential testing contributes to more than $1 billion in annual fraud losses across the global payments ecosystem.
• Enumeration-related fraud rose to 8.7% of global fraud in 2025 from 6% in 2022.
• Fraud linked to compromised-data events fell from more than 10% of global fraud to less than 4% by late 2025.
• Hundreds of millions of enumeration attempts were identified in the second half of 2025, highlighting the threat's scale.
• In North America, 27% of enumeration-related fraud occurred within seven days in Q3 2025, up from 19% a year earlier.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Visa Inc. published the original content used to generate this news brief on November 12, 2026, and is solely responsible for the information contained therein.