Who is Responsible for the Prevention of Credit Card Fraud?

Who Is Responsible For The Prevention Of Credit Card Fraud? Credit card fraud prevention is essential for all parties in the payment ecosystem. While consumers are careful to protect their card details and personal information, the burden of dealing with fraud—such as chargebacks, investigations, and financial losses typically falls on merchants, card issuers, and payment…
Biometric Identification is the Next Step for CNP Fraud Prevention

Biometric Identification Is The Next Step For CNP Fraud Prevention Biometric identification is rapidly emerging as a powerful tool in the fight against card-not-present (CNP) fraud a type of fraud where criminals use stolen credit or debit card information to make unauthorized purchases online or over the phone, without needing the physical card. This advanced…
How Does 3d Secure Adapt to the Mobile Commerce Boom?

How Does 3d Secure Adapt To The Mobile Commerce Boom? M-commerce, or mobile commerce, refers to the buying and selling of goods and services through wireless handheld devices such as smartphones and tablets. As a subset of e-commerce, m-commerce allows users to shop online without the need for a desktop computer, offering convenience and accessibility…
False Declines are the Bane of the Industry of Payments

False Declines Are The Bane Of The Industry Of Payments What are False Declines? A false decline occurs when a legitimate credit or debit card transaction is wrongly rejected often due to an error by the merchant or the card-issuing bank. These transactions are mistakenly flagged as suspicious or potentially fraudulent, even though no fraud…
EMV 3DS 2.3 and the Improvement of Fraud Prevention

EMV 3DS 2.3 And The Improvement Of Fraud Prevention EMV 3-D Secure (EMV 3DS) is a technology that helps detect and prevent fraudulent card payments in e-commerce transactions. It does so in a way that does not inconvenience the customer during the checkout process. By using EMV 3DS, merchants and card issuers can quickly and…