Tagged as: #cardnotpresentfraud

29 May
2015

Card-Not-Present Fraud on The Rise – Finance Industry On Notice

Card-Not-Present Fraud on The Rise – Finance Industry On Notice Card-not-present fraud is expected to hit $6.4 Billion by 2018. While EMV chip and pin cards, with their immediate authentication, use a great technology for card-present transactions, consider that the technology is over 20 years old and is just being

17 Dec
2014

Consumer Authentication – The Liability Shift

Consumer Authentication – What’s in it for Me? Many merchants with an online presence have been hesitant to implement consumer authentication for a variety of reasons. With the use of ‘3-D Secure’ (3DS, Verified by Visa, MasterCard SecureCode) customers may be more likely to abandon a purchase if they feel

11 Dec
2014

EMV Payment Security – Consumer Authentication

EMV Payment Security – Consumer Authentication Companies worldwide are starting to conduct more thorough consumer authentication online due to increased fraud.  With the adoption of EMV technology, thorough consumer authentication is even more critical.  Europe, for example, saw a sharp increase in online fraud that followed the deployment of EMV. 

13 Nov
2014

Under The Hood – EMV as a Technology

Under The Hood – EMV as a Technology EMV jointly created by Euro Pay, MasterCard, and Visa is a security standard for payment cards, sometimes referred to as "chip and PIN," "chip and signature," or simply “Chip Technology.” Its purpose is to establish global interoperability with Point Of Sale terminals and ATMs