Trends Threatening Banking
With financial fraud rapidly becoming more innovative, banks need to be in the know of evolving trends that are impacting growth.
Countering Card Fraud: Is Chip & Pin Technology Enough?
EuroPay, MasterCard and Visa (EMV) is a technical standard developed to ensure more secure Point-Of-Sale (POS) transactions. EMV allows non-static information to be transferred between the card, the terminal, and the financial institution that processes credit card transactions. This takes care of skimming fraud where fake devices would copy data from magnetic stripes and use
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