Tag Archives: payments fraud
Fighting Payments Fraud
CARD NUMBERS: protect them or…! Who isn’t concerned these days and cautious about identify theft and misuse of payment card account numbers? In 2016, 15.4 million consumers lost $16 billion; up from $15.3 billion lost by 13.1 million consumers in … Continue reading
Posted in Electronic payments, Fraud prevention, Identity theft Tagged ecommerce fraud, identity theft, payment card fraud, payments fraud Comments Off on Fighting Payments Fraud
EMV: ARE YOU IN THE GAME?
EMV MERCHANT LIABILITY AND EMV USAGE Are you up-to-date on current issues affecting the implementation of EMV technology used in accepting card payments? Are you aware, for example, that liability … Continue reading
Posted in Fraud prevention Tagged EMV, financial liability shift, payment card fraud, payments fraud Comments Off on EMV: ARE YOU IN THE GAME?
EMV: IMPLEMENTING A MORE SECURE PAYMENTS SYSTEM
“If you want total security, go to prison.” – Dwight D. Eisenhower ACTION—REACTION The shift of financial liability to merchants for those fraudulent POS card-present transactions not processed via EMV-enabled equipment will occur October 1, 2015. As … Continue reading
Posted in Fraud prevention, Project planning Tagged a/r processing, accounts receivable, electronic payments, EMV, financial liability shift, liability shift, payment card fraud, payments fraud Comments Off on EMV: IMPLEMENTING A MORE SECURE PAYMENTS SYSTEM