Card present (CP) fraud happens even with chip-enabled credit cards. Skimming and shimming are ways thieves steal personal information. File a complaint with your card issuer or agencies like the CFPB ...
Credit card scams are on the rise. In fact, the National Association of Federally-Insured Credit Unions reports that over half of Americans have already been victims of digital payment fraud as of ...
As all investors know, there can be no reward without risk. With volumes rocketing, card-not-present (CNP) payments offer the potential to generate handsome rewards. But in parallel, the risk of fraud ...
Credit card payments made over the phone or internet are classified as “card- not-present” (CNP) payments. These types of payments create more fraud risk for merchants and consumers. Paying over the ...
As this trend of internet and phone shopping keeps growing, so-called “card-not-present” (CNP) shopping activity (which are transactions where you don’t physically swipe your credit card) continues to ...
There is a major power imbalance between credit card companies and merchants, says an Auckland retailer that has had to absorb thousands in losses from a fraudulent transaction. The retailer wants to ...
Chargebacks erode margins, increase processor scrutiny, and introduce friction. Learn about chargeback management best ...
Universal Air Travel Plan Inc. (UATP) last month announced it has partnered with Burbank, a United Kingdom-based fintech, to deploy an app that enables mobile devices to act as a POS terminal to ...
Seeking a uniform process for card-not-present transactions in the Single Euro Payments Area throughout Europe, the European Payments Council has created a blueprint for an interoperable card and ...