Biometric Identification is the Next Step for CNP Fraud Prevention
Biometric Identification Is The Next Step For CNP Fraud Prevention Biometric identification is considered the next step in preventing card-not-present (CNP) fraud. CNP fraud occurs when a criminal makes unauthorized purchases using stolen credit or debit card information, without physically possessing the card. Biometric identification uses unique physical or behavioral characteristics, such as fingerprints, facial…
How Does 3d Secure Adapt to the Mobile Commerce Boom?
How Does 3d Secure Adapt To The Mobile Commerce Boom? M-commerce, also known as mobile commerce, refers to the process of purchasing and selling goods and services through wireless devices like smartphones and tablets. It is a type of electronic commerce that allows users to access online shopping websites without requiring a desktop computer. Mobile…
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 refers to a situation where a valid credit or debit card transaction is mistakenly rejected. This can happen due to an error by either the merchant or the bank issuing the card. False declines are essentially legitimate transactions…
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…
