How Has Card-Not-Present Fraud Been Impacted Since the Implementation of EMV?

How Has Card-Not-Present Fraud Changed Since EMV?

Counterfeit card fraud accounts for 37 per cent of credit card fraud. To tackle this, an initiative from Euromoney, MasterCard and Visa, known as EMV, has been implemented in the United States. In countries where similar initiatives have been introduced, there’s been a strong success rate in reducing counterfeit card fraud, and it is hoped…