The Top Three Ways to Fight Card Not Present Fraud
While EMV adoption decreased card present fraud 54 percent between 2015 and 2016, many experts believe it is responsible for a 113 percent increase in new account fraud.*
EMV chip card payment technology is a powerful defense against card present fraud, but the chip alone cannot stop card not present (CNP) fraud. As fraudsters and hackers accumulate more digital tools to access personally identifiable information, comprehensive Consumer Identity Management solutions offers an effective defense mechanism.
Our latest white paper, Fraud Prevention in the EMV Era:
- Breaks down the success of the EMV chip for card present fraud, while also evaluating the increase in CNP fraud
- Describes three trending options merchants are using to protect themselves from online scams
- Explains the value of a Consumer Identity Management solution and how it should be the first line of defense to identify and flag fraudulent transactions in real-time
*Juniper Research and Javelin Strategy and Research