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UK: Card Not Present Is Next Target

Tags » Card Fraud, Card Technology, Chip and PIN, ECommerce Payments, Internet Retail  » Comments (0)

Lisa Bachelor writes for the UK's Observer about how "six months on from the mandatory introduction of chip and PIN cards, increasing theft on the Internet is forcing banks and retailers to trial new technology to combat card fraud." Because of the increased difficulty in counterfeiting cards as a result of chip and PIN, fraudsters in the UK are now focusing on both 'card-not-present' as well as non-chip and PIN environments outside of the UK.

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