Ron Burgundy Posted November 17, 2015 Share Posted November 17, 2015 As retailers and consumers prepare for the holiday shopping season, attempts by criminals to steal payment card information to commit fraud online are likely to rise, according to new research by ACI Worldwide. The move by U.S. merchants and card issuers to switch to more secure chip cards for in-store purchases this year is likely to increase fraudulent attempts on transactions online. The ACI research showed fraud rates by volume for transactions that don't involve physically swiping a card have increased in 2015, with one out of every 86 transactions a fraudulent attempt compared with one out of 114 transactions in 2014. View the full article Quote Link to comment Share on other sites More sharing options...
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