It is well known that CNP fraud (card not present fraud) is escalating and will continue to do so. It is going to change the way consumers in the U.S. shop online. The seminar Beyond Fraud: The Unintended Consequences of CNP Fraud at the 2016 CNP Expo, addressed several ways in which shopping on the…
Tag: 3D secure
How E-Commerce Merchants Will Avoid CNP Fraud
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…
Why Merchants Should Embrace 3D Secure Technology
Different countries – including India and South Africa – have begun to require merchants and credit card issuers to use 3D Secure technology for e-commerce transactions. And there are rumblings that the European Union will soon follow. Could the U.S. be next to mandate 3D Secure? The good folks here at Instabill think so. In fact,…