Home Posts tagged "liability shift"
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Visa and American Express Temporarily Ease EMV Chargeback Liability for Merchants

Announcements from three of the major card associations in June describe different approaches for reducing merchant liability and losses with counterfeit card fraud through April 2018 as the U.S. transitions to EMV. Visa estimates their changes will lead to 40 percent fewer chargebacks and 15 percent fewer dollars being charged back to merchants related to

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The Fraud Practice and CardinalCommerce Kickoff the 3rd Annual Consumer Authentication Survey

Take the survey today to be entered in up to 5 drawings to win a new Apple Watch Sport™. The earlier you take the survey the more chances you have to win as a new drawing will be held each week. The Fraud Practice and CardinalCommerce are proud to announce that the 3rd Annual Consumer Authentication Survey

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Most U.S. Merchants Will Not Make EMV Deadline and Less than Half of Small Businesses Have Any Plans To

According to a recent report from Javelin Strategy & Research, up to 75 percent of merchants in the United States will not be EMV compliant by the October 15th deadline. Many major retailers have already started implementing EMV terminals but smaller merchants are much further behind and many have no plans to catch up. A

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More secure credit cards make fraudsters rush to eCommerce

October 2015 is the deadline for switching credit cards and readers to EMV/Chip & PIN technology in the US. At this point fraud liability switches to the party with the lesser technology, which will have substantial impact on unprepared merchants. The eCommerce channel must also get ready as stopping fraud at physical retail stores will

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Press Release: Finally an Option to Implement 3-D Secure that Actually Makes Sense

I can’t tell you how many times I have been asked my opinion on the 3-D Secure programs offered by the major card brands. As an independent risk consultancy, our opinion has been pretty consistent over the years; we didn’t see much reason to consider 3-D Secure, outside of limited circumstances, until there was greater

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