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 ...

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 fraud is the most common form of identity theft, according to the FTC. Nearly 450,000 cases of credit card fraud were reported to the FTC in 2024, and 416,579 cases were reported in 2023.

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 ...

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 ...

Without a proactive prevention plan, an ecommerce store is bound to lose customer data and revenue as transactions soar during COVID-19. Here are 5 of the most common cyber threats to look out for, ...