How to prevent CNP fraud? Protect the security code

Anyone who shops online – which these days is basically everyone – is familiar with the three-digit security code on the back of your debit or credit card. Also referred to as CVV or CVC, you frequently need to provide it when you’re not paying face-to-face like when shopping online or paying bills over the phone. CVVs… more

Never Seen a Contactless EMV Card? You Are Not Alone

If you live in Chicago, you might be familiar with the Chicago Transit Authority’s Ventra card, supporting 1.6 million daily rides a around the Windy City and the greater Chicago metropolitan area. The Ventra card was one of the first payment cards in the US to implement a contactless EMV card, and you can see lots of… more

Is EMV the magic bullet for payment fraud?

When you hear about another credit card breach (this time it was Arby’s), you might become a little frustrated. For two years we’ve heard so much about the benefits of EMV in reducing fraud, so why are these breaches are still happening? The Payments Review summarized it well in a recent article discussing the Arby’s breach. What Arby’s… more

Stop Accepting Fake IDs: Discover Automated ID Verification

More than 17 million people experienced identity fraud in 2014, according to the Department of Justice. And in 25 percent of the cases, the victims’ stolen information was used to defraud financial institutions. You could be doing more to protect yourself and your customers, and it starts with better ID verification and detection of fake IDs. Furthermore,… more

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