Not too long ago there was a great quote on LinkedIn. Or maybe it was Reddit or Twitter, but it read, ‘We can put a man on the moon, but we can’t stop CNP fraud.’ It made me chuckle out loud. Card-not-present fraud has already escalated and is projected to worsen each year for the forseeable…
Tag: online fraud
Experts: EMV Shift Could Lead to More CNP Fraud
The long-awaited EMV shift arrives this week, and will undoubtedly herald a new era for in-store payment processing. As merchants continue to prepare and launch new pay terminals to accept the new EMV technology, another threat looms—CNP fraud could increase as a result of the heightened security for in-store merchants. EMV and CNP: The Fraud…