Fraud Reduction news and trends

Visa: EMV Cuts Card-Present Counterfeit Fraud By 80 Pct

February 13, 2019
Visa EMV Chip Card
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Visa: EMV Cuts Card-Present Counterfeit Fraud By 80 Pct

February 13, 2019
Merchants saw a drop in card-present fraud due to the increased adoption of Europay, Mastercard and Visa (EMV) chip cards, Visa said. Merchants who have upgraded to chip technology saw a decrease of 80 percent in counterfeit fraud dollars in September of 2018 when compared to September of 2015. Also, total counterfeit fraud dollars went down […]