Payment Card Fraud: The Present and the Future
Payment card fraud remains a top challenge for financial institutions. The latest wrinkle: Breached retailers such as Target and Home Depot, whose compromises led to wholesale card fraud. Card issuers absorb increasing losses linked to debit and credit fraud, yet they have little control over the third-party points of compromise. Hear how institutions are fighting back with behavioral analytics, merchant/customer education campaigns and detection technologies that trace fraud back to the point of compromise. And take a look at the future, post-EMV, and see what new waves of payment card fraud merchants and banking institutions can expect to see.
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