Training

Electronic / Mobile Payments Fraud , Geo Focus: Canada , Geo-Specific

Card-Not-Present: Fraud on the Move, Back to the Future, Again

Card-Not-Present: Fraud on the Move, Back to the Future, Again

As fraudsters switch focus back to card-not-present schemes, research from consultancy Aite Group indicates that CNP fraud will soon outpace card-present fraud in the U.S. by a three-to-one margin. Globally, payments provider ACI Worldwide saw a 30 percent increase in CNP fraud in the first half of 2015. And ACI found that approximately 1.2 percent of all CNP transactions conducted between January and July 2015 were fraudulent.

See Also: 10 Incredible Ways You Can Be Hacked Through Email & How To Stop The Bad Guys

While in-person payment technologies become increasingly sophisticated, CNP transactions still rely on decades-old security mechanisms that are relatively easy to defeat. How are behavioral analytics being used to review payment trends across multiple channels, and how can tokenization help protect cardholders and issuers?

This session will discuss developments in CNP fraud detection and prevention via multifactor, multichannel authentication mechanisms that are applied across the endpoint and call-center channel, as well as real-time fraud monitoring systems and tools, such as the 3-D Secure messaging protocol.

Additional Summit Insight:
Hear from more industry influencers, earn CPE credits, and network with leaders of technology at our global events. Learn more at our Fraud & Breach Prevention Events site.

Slide Previews

Webinar Registration

Premium Members Only

OnDemand access to this webinar is restricted to Premium Members.

Join Now to Access
Have an account? Sign in.


Around the Network

Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing databreachtoday.com, you agree to our use of cookies.