Chip-and-PIN Adoption vs. Credit Card Fraud
The transition to the chip-and-PIN credit card technology in the U.S. will reduce fraud from counterfeit cards, but other types of fraud will probably increase....
Tag: credit card fraud
Most of Europe’s Credit Card Fraud Is Committed in the U.S.
Realizing how difficult it had become to commit credit card fraud in Europe following the EMV adoption, criminals took the European cards they stole to the U.S....
How to Clone a Smart Credit Card
The EMV credit card technology was introduced to make it impossible for criminals to clone our cards, but it turns out that this is all too possible....
How Credit Card Hacking Is Done
Ramnicu Valcea, an outwardly nondescript Romanian town, holds a dark secret. Hackerville, as the town is dubbed, is the world capital for credit card theft....
Smart Card Technology Cuts Fraud by 39% in U.K.
Lessons from across the pond: new data show that, following steep declines in 2009 and 2010, payment card fraud losses in the U.K. may have now leveled off....