The use of real-time payments has been a welcome addition to the financial industry because of how quickly transactions can be completed. But as with many things, there are downsides, such as bringing ...

Credit card scams are on the rise. In fact, the National Association of Federally-Insured Credit Unions reports that over half of Americans have already been victims of digital payment fraud as of ...

As all investors know, there can be no reward without risk. With volumes rocketing, card-not-present (CNP) payments offer the potential to generate handsome rewards. But in parallel, the risk of fraud ...

More than 90% of online purchases are made with cards, whether they are credit, debit, or gift cards. A virtual payment that takes place online or over the phone, without physical inspection of the ...

Credit card payments made over the phone or internet are classified as “card- not-present” (CNP) payments. These types of payments create more fraud risk for merchants and consumers. Paying over the ...

As this trend of internet and phone shopping keeps growing, so-called “card-not-present” (CNP) shopping activity (which are transactions where you don’t physically swipe your credit card) continues to ...

From transaction to transaction, it is impossible for merchants accepting major credit cards to know with certainty what ...