Entries by Madeline K. Aufseeser

Payment Fraud Continues to be a Top Concern for Financial Institutions and Card Issuers

While payment technologies advance at a rapid pace, the battle to prevent payment fraud continues to be neverending. Participants in the ecosystem need to arm themselves against relentless criminal elements. Identity theft, data breaches and the expansion of remote payments such as ecommerce and mcommerce are all contributing to the uptick of card-not-present (CNP) fraud. […]

Dynamic CVV Technology Delivers More Secure and Consistence Experience for Cardholders over Biometrics

It’s no secret that fraudsters are becoming more aggressive in their tactics with e-commerce shopping channels as EMV has restricted criminals’ ability to carry out fraud at physical point-of-sale (POS) locations. In its 2018 Identity Fraud report, Javelin Strategy & Research found that online shopping presents the greatest fraud risk, with CNP fraud being 81 […]

Calculating the Total Cost of Fraud on Cardholder Portfolios

I recently had the opportunity to speak at Card Forum 2018 where I addressed a number of card and payment executives representing the industry’s leading issuers, networks, retailers and innovators. With my co-presenter, Brian Fisher, Group Product Manager at U.S. Bank, I led a lively discussion on the topic of card-not-present (CNP) fraud.   Following […]