Technology Card fraud in UK down 20% from 2009 In the report, total fraud losses on UK cards was £186.8 million in the first half, down 20 percent on the same period in 2009 and the lowest figure for a decade. Fraud committed in the UK was down 18% to 135.2 million and the losses accrued abroad also fell, by 23%, to £51.5 million. View full article. How to Save Your Shared Services Model from Becoming a Money Pit Given the drastic changes that have occurred in many corporate operating models during the recession, certain common services may not be as highly value added as before.  View full article. Financial Services Technology Journal: The innovation issue Over the past few years, many financial services and insurance companies have restructured their IT organizations as technology service providers to offer greater flexibility to the business and improved cost controls. View full article