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Credit card fraud is the use of a payment card for illegal or unauthorized purposes, such as making purchases, opening accounts, or stealing information. Learn about the different methods of card fraud, the data security standards, and the technologies to detect and prevent it.
PCI DSS stands for Payment Card Industry Data Security Standard, a set of rules to protect cardholder data and reduce fraud. It is administered by the PCI SSC and mandated by the major card brands. Learn about its history, requirements, validation, and reporting levels.
Friendly fraud, also known as chargeback fraud, is when a consumer buys online with a credit card and requests a refund from the bank. Learn about the history, types, costs, and methods of friendly fraud, and how to combat it with technology and security measures.
If you investigate and find that the transaction indeed stems from fraud, as the credit card holder, you still enjoy certain protections — including the option of requesting a refund of the ...
A federal statute that reformed credit card practices in the U.S. by establishing fair and transparent rules for consumers. Learn about the bill's introduction, votes, provisions, and effects on the credit card industry and consumers.
Fraud prevention is a major concern for many people. To prevent fraudulent charges, most merchants require customers to provide their debit or credit card number, its expiration date and a numeric ...
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