System and method for providing reference cost of fraud data related to financial presentation devices that are presentable to providers of goods or services

A system for providing reference cost of fraud data related to financial presentation devices that are presentable to providers of goods or services, the system comprising:

• a processor;
• a fraud assessment module executable by the processor and providing a commonly defined set of input requirements for a plurality of business entities, the fraud assessment module operable to:
• receive, from the plurality of business entities, sales data and operating cost data both related to financial presentation devices, the received data conforming to the commonly defined set of input requirements;
• and
• determine, based on the received data, the reference cost of fraud data including a direct fraud loss, fraud operating cost and opportunity cost, the determined reference cost of fraud data being accessible by the plurality of business entities for use as benchmark data.