Card-Not-Present (CNP) Fraud Is on the Rise

Card-not-present (CNP) fraud is growing as cyber thieves are becoming more skillful at using both technology and stolen payment card data to defraud retailers all over the world. Card-Not-Present (CNP) Fraud According to Research and Markets, the world’s leading market research store, e-commerce merchants, particularly in the US, are dealing with rapid online sales growth.

What You Should Know About Chargebacks and Preventing Them

Accepting credit cards as payment in your business transactions can help you enjoy increased revenue and customer base, as well as improved productivity. A merchant account that you can open for accepting cards for payments will enable you to run your business with convenience, cost-effectiveness, and professionalism. Chargebacks are one of the important aspects concerning

Stolen Cards, Gift Card Exchanges, And Credit Cards

Hackers selling a batch of 50-100 credit card numbers can get $250.000 – $1 million. A buyer can make $2 million – $8 million using these stolen card numbers. As for the risks, the deal is riskier for the buyer than the seller. The data was provided by a research team led by Thomas Holt,

The Power of Dynamic CVV against Credit Card Fraud

Fraud is the biggest threat to the credit card payment industry. Credit card related fraud comes in various forms: Outright physical card theft and Impersonation Hacking Forgery In every case, the criminals always seem to be a few steps ahead of those who fight to eradicate fraud. They tend to use the same technology used

Why do Such a Large Number of Americans Hold the Merchants Responsible for Preventing Fraud?

Feedzai, a large science company who are known for using real-time and machine-based learning to put a stop to fraud, have announced the results today of their nationwide survey of adults in the United States. The survey found that a staggering 60% of those surveyed hold the merchants themselves responsible for preventing fraud and data