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RESEARCH

CNP Fraud Consumer Impact: Anxiety Reduces Credit and Debit Card Usage

Growing card-not-present (CNP) credit and debit card fraud causes more harm than just the billions of dollars in losses and expenses to financial institutions (FIs) and merchants. CNP credit and debit fraud creates cardholder anxiety and negatively affects consumers’ online shopping behaviors. Cardholder CNP fraud events reduce online shopping, payment card usage, and causes consumer attrition for more than half of all online shoppers. FIs, merchants and industry supporting players need to act now by introducing new CNP fraud prevention methods that diminish rising losses and costs while alleviating cardholder angst. Industry providers will benefit from introducing new fraud prevention methods that increase consumer trust and confidence ... Read More

BLOG

Fox in the hen-house: Will fraudsters foil the online shopping holiday season?

December 3, 2015/in Blog /by Madeline K. Aufseeser

Shiny new technology tools utilizing big data are making it easier than ever before to shop online. For consumers that means more relevant reward programs and a proliferation of the 1-click buy button. But before you click that buy button be forewarned, fraudsters are out and about looking for the weakest link in the purchasing […]

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http://www.cvvplus.com/wp-content/uploads/2016/08/Side-Logo-845x684.png 0 0 Madeline K. Aufseeser http://www.cvvplus.com/wp-content/uploads/2016/08/Side-Logo-845x684.png Madeline K. Aufseeser2015-12-03 09:04:472015-12-07 17:01:13Fox in the hen-house: Will fraudsters foil the online shopping holiday season?

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