Slow EMV Conversion Invites Fraudsters to Self-Serve at Gas Stations
FICO
JUNE 11, 2020
With an October 1, 2020 deadline to have EMV chip card readers installed on the nation’s 1 million fuel dispensing pumps, the number that remain to be converted could be as high as 75%, industry experts say. Lowest 3 fraud rate states: New Hampshire, Alaska, Maine. How FICO pinpoints fraudulent fuel transactions.
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