Overview
Payment card skimming has long been the preferred method used by fraudsters hoping to capture enough payment card data to create counterfeit cards. As the world migrates to the EMV chip card standard, opportunities for conducting counterfeit card fraud will become more difficult for criminals to capitalize on. Until EMV reaches global critical mass, card skimmers will still be preying on magnetic-stripe cards. This Mercator Advisory Group Viewpoint reviews techniques for deterring card skimming.
Book a Meeting with the Author
Related content
Small Business Credit Cards: A $1 Trillion Opportunity for Issuers, Networks, and Fintechs
Small business cards are entering a new era. Transaction volume is expected to exceed $1 trillion, and cards have become gateways to deeper banking, data, and cash-flow relationshi...
Regulatory Issues in Credit Cards: Preparing for the World of AI
From constitutional preemption to modern AI, the forces shaping credit cards are more complex and consequential than ever. Federal dominance, limited state influence, and evolving ...
Rewiring the Credit Card Value Proposition: From Best Card to Best Relationship
High credit card interest rates are reshaping the economics of the industry, putting pressure on consumers while increasing risks of delinquencies and losses. Widening spreads, shi...
Make informed decisions in a digital financial world