Preparing for the Migration of Fraud

Image Source: Article

Image Source: Article

To fight the growth of payment card fraud, retailers need to address fraud prevention from a multichannel perspective.

EMV, while critical for reducing card-present fraud at the physical point-of-sale, does not address card-not-present fraud online, says Randy Vanderhoof, executive director of the EMV Migration Forum, a cross-industry body focused on supporting EMV chip implementation technology and processes in the U.S.

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