Here’s your global payments news roundup for this week. National Retail Federation predicts $16 billion in spending on Father’s Day gifts. 67% of consumers will shop at a ...
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EMV fraud prevention
EMV fraud prevention
Identity fraud hit more than 15.4 million or 6.15% of US consumers in 2016, an increase of 16%. Card-not-present fraud, driven mainly by growth in e-commerce and mobile commerce, grew 40% according to Javelin Strategy & Research. ...
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Visa's latest stats show EMV chip-enabled merchants now account for 46% of in-store payments volume with over 800 million chip-on-chip transactions in November, up 359%. ...
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Chargebacks are a challenging issue for e-commerce and retail business of all sizes, not to mention financial institutions. Today, we're looking at what's on the horizon for chargebacks in 2017. ...
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