As recent history dictates, the migration to EMV chip-enabled cards has resulted in a massive surge in card-not-present (CNP) fraud. Converging pressures, including the U.S. EMV migration, rapidly growing e-commerce transaction volumes, and data breaches, is likely to lead to a painfully sharp rise in CNP fraud. Coupled with the proliferation of mobile users, financial institutions and retailers alike have a lot to anticipate.
Download this new white paper which contains fresh insights from a leading analyst to learn:
- The expected financial fraud losses from card-not-present transactions in the next five years
- How risk-based authentication, mobile and biometrics are changing the payments landscape
- How impending market changes are expected to impact banks and merchants