Curbing pay-at-the-pump card skimming attacks is daunting, and incident tracking is to blame. But a new initiative spearheaded by the oil industry and card issuers raises the bar for information sharing.
Credit and debit fraud is growing, and that uptick is leading to the loss of customers for issuing banks. But a new global study finds consumers want to work more with institutions to detect and prevent fraud.
Accelerated interest in mobile payments is paving the way for new revenue streams. But Javelin's Alphonse Pascual says mobile security products, not payments technology, will reap the most rewards for banks.