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State of EMV report: Fraud rises before a fall

Discussion in 'CSO' started by RSS, May 5, 2016.

  1. RSS

    RSS New Member Member

    The switchover to EMV (Europay, MasterCard, and Visa) chipped credit cards is well underway. According to a new report from research and advisory firm Aite Group, sponsored by device intelligence and fraud prevention company iovation, 81% of credit cards in the U.S. will be EMV capable by the end of 2016. And the increased adoption of the more secure cards is fueling an increase in counterfeit fraud.
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