Debit and credit card fraud prevention News
March 03, 2015
Banks are rushing to fix sloppy authentication processes at the heart of rising Apple Pay fraud. Experts also worry about potential fraud with other mobile payment systems.
July 21, 2014
Hailed by card brands as the cure to payment card fraud, Chip and PIN security technology will take years to deploy and has already proven vulnerable.
April 24, 2013
PayPal's Michael Barrett says many firms fear misuse of shared cybersecurity data. He also discusses the evolution of PCI DSS and mobile payment security.
June 14, 2011
Citigroup hackers used a common website vulnerability to bypass security controls and reap confidential banking data.
Debit and credit card fraud prevention Get Started
Bring yourself up to speed with our introductory content
Synthetic identity theft is the fraudulent use of stolen personally identifiable information (PIF) that is combined with made-up details to create a false identity. The thief may steal an individual's social security number, for example, and use it ... Continue Reading
The Payment Card Industry Data Security Standard (PCI DSS) is a widely accepted set of policies and procedures intended to optimize the security of credit, debit and cash card transactions and protect cardholders against misuse of their personal ... Continue Reading
Card verification value (CVV) is a combination of features used in credit, debit and automated teller machine (ATM) cards for the purpose of establishing the owner's identity and minimizing the risk of fraud... (Continued) Continue Reading
Evaluate Debit and credit card fraud prevention Vendors & Products
Weigh the pros and cons of technologies, products and projects you are considering.
Merchants need to balance buyers' online experiences and their controls for analyzing suspicious purchasing behavior to prevent card-not-present scams. Continue Reading
Implementing data analytics tools to examine transactions will help companies detect fraud and prevent losses for their customers. Continue Reading
With PCI DSS and other compliance requirements, organizations are looking for surefire solutions to protect payment card and other sensitive data. Tokenization and end-to-end encryption have emerged as promising technologies, but as Dave Shackleford... Continue Reading
Product ReviewsPowered by IT Central Station
Powered by IT Central Station
Disaster recovery planning is something that seems challenging for all businesses. Virtualization in addition to its operational flexibility,...Continue Reading
Ability to verify backups of critical servers means I can sleep at night. Backup of physical servers could be better.Powered by IT Central Station
Valuable Features: This is actually quite a hard choice to make when dealing with Veeam Backup & Replication. There are a number of great...Continue Reading
Powered by IT Central Station
Valuable Features: Simple, fast install Easy upgrades Grouping virtual machines by application, not LUN Automatic IP address change ...Continue Reading
Manage Debit and credit card fraud prevention
Learn to apply best practices and optimize your operations.
Monitoring customer behavior across multiple channels would help banks fight fraud, but today's fraud detection technology isn't there yet. In this tip, financial services expert Jerry Silva explains how banks could benefit from the concept of "... Continue Reading
Problem Solve Debit and credit card fraud prevention Issues
We’ve gathered up expert advice and tips from professionals like you so that the answers you need are always available.
Alleged bank-fraud ring stole more than $422,000 by claiming their ATM cards had been lost or stolen after draining their accounts. Continue Reading
With so many records containing personally identifiable information lost in data breaches, we have lost the battle to protect personal information, argues George Tubin of TowerGroup. In this tip, he explains how financial institutions must treat PII... Continue Reading
As mobile banking grows in popularity, financial institutions need to weigh the adoption risks to determine whether it's a product they want to offer. Rick Lawhorn lays out the top three risk factors and what your company should do to help overcome ... Continue Reading