As Fraud moves to the Web, Web Payments Gains Visibility

NACS Daily reported today that Card-Not-Present Fraud Jumps 30%, according to BankInfo Security.  This increase in fraud on the web and in other CNP situations has been long predicted: as EMV is deployed in card present scenarios, fraud will move inevitably to more vulnerable targets.  The retail industry is beginning to see that the Web Payments Activity is working to provide solutions.

NACS (the Association for Convenience & Fuel Retailing) is a W3C member.

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