Mar 08, 2016
As recent history dictates, the migration to EMV chip-enabled cards has resulted in a massive surge in card-not-present (CNP) fraud. Converging pressures, including the U.S. EMV migration, rapidly growing e-commerce transaction volumes, and data breaches, is likely to lead to a painfully sharp rise in CNP fraud. Coupled with the proliferation of mobile users, financial institutions and retailers alike have a lot to anticipate.
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