U.S. Paid Content Sites Likely to See Same Increase in Credit Card Fraud as Europe
In February I wrote about how the new EMV measures implemented by Visa and MasterCard may lead to increased online fraud. Now, data out of Europe is confirming that suspicion. The European Central Bank recently released its first report on credit card fraud, stating that while chip and PIN technology have decreased physical transactional fraud, there has also been a rise in card-not-present (CNP) fraud. In fact, CNP fraud accounts for half of all credit card…
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