Remove Authentication Remove CHIPS Remove CVV2
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How Vendors Can Lower The Cost (And Risks) Of Card Acceptance

PYMNTS

Earlier this month, PNC Bank announced it was testing its CNP fraud solution for commercial card products, deploying dynamic CVV2 technology in partnership with Visa, TSYS and IDEMIA. Christopher Ward, the technology aims to build on top of the progress that EMV chip technology made in combating card-present fraud.

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Partners Against Crime: Visa Leads Effort To Fight Fraud With New Dynamic CVV Codes

PYMNTS

That’s one of the takeaways from a recent PYMNTS panel discussion with Visa ’s Director of Global Chip Product Tom Rapkoch , Keyno CEO Robert Steinman and Assistant Vice President of Digital Strategy and Innovation at Michigan State University Federal Credit Union Ben Maxim. How It Will Work. What Comes Next.

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Virtual Credit Card Fraud: Its Risks & How to Prevent it

Seon

Let’s take a look at some core tools that can achieve it: Risk-based authentication (RBA) : Businesses such as online shops can take stock of a user’s transaction history and geolocation to help determine how likely a user is to be a high-risk individual and thus determine the stringency of the authentication checks that should be performed.