Credit and debit card fraud losses have fallen
7 March 2012 Last updated at 15:12 GMT
The amount of money lost to credit and debit card fraud has fallen to £340m, its lowest level in 11 years.
One of the biggest factors was a 41% fall in fraudsters impersonating people to obtain or use credit cards.
Research by Financial Fraud Action UK shows online banking fraud losses were also significantly down last year.
BBC Radio 5 live Wake Up To Money spoke to Sandra Quinn from the UK Payment Council.
To hear other 5 live interviews, please visit the best bits page.