“Fraud Migrating to Non-EMV Markets
ATM-related fraud losses are increasing in the U.S., and experts say that trend will continue until all U.S. debit cards make the conversion from magnetic-stripe to EMV chip and PIN.
ATM-related fraud losses are migrating away from regions where the Europay, MasterCard, Visa standard has been adopted and are shifting to markets, such as the U.S., where magnetic-stripe transactions remain the standard, according to the European ATM Security Team's biannual fraud update, which was issued July 25.”
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ATM-related fraud losses are increasing in the U.S., and experts say that trend will continue until all U.S. debit cards make the conversion from magnetic-stripe to EMV chip and PIN.
ATM-related fraud losses are migrating away from regions where the Europay, MasterCard, Visa standard has been adopted and are shifting to markets, such as the U.S., where magnetic-stripe transactions remain the standard, according to the European ATM Security Team's biannual fraud update, which was issued July 25.”
read more>>
