The Consumer’s Role In Battling Fraud
PYMNTS
DECEMBER 21, 2018
as Damon Moorer, president and CEO at TCM Bank N.A., Before the liability shift in 2015, the industry-wide prediction was that the onset of EMV would reduce occurrences of counterfeit card fraud in-store, but that the industry should expect to see a spike in card-not-present (CNP) fraud as fraudsters moved to easier targets.
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