Payment Card Fraud and the Merchant Challenge
Fraud Summit Video Series - New York 2013 - Payment Card fraud remains a top challenge for financial institutions. The latest wrinkle: Breached retailers and payments processors such as Schnucks and Global Payments, whose compromises led to wholesale card fraud. Card issuers absorb increasing losses linked to debit and credit fraud, yet they have little control over the third-party points of compromise.
See Also: 2017 Predictions on Data Security: Insights on Important Trends in Security for the Banking Industry
Hear how two institutions are fighting back with behavioral analytics, merchant/customer education campaigns and detection technologies that trace fraud back to the point of compromise.
The Fraud Summit was a one-day event focused exclusively on the top fraud trends impacting organizations and the mitigation strategies to overcome those challenges.
Attendees heard from top experts in the industry on topics ranging from account takeover and mobile banking to the insider threat and the latest insights from ISMG's annual Faces of Fraud survey.
The entire Fraud Summit 2013 video series:
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