From Payments Eye
“MasterCard has announced enhancements to its security efforts, providing US cardholders with greater protection from fraud and identity theft.
“Fraud prevention and detection is a 24/7 job at MasterCard. The changes that we’re making in cardholder protection combined with our efforts to move the U.S. payments industry to EMV chip technology will help deliver safer shopping experiences to consumers,” said Chris McWilton, president, North American Markets for MasterCard.
All MasterCard credit, debit, prepaid and small business cards issued in the US will now carry Identity Theft Resolution assistance. The program provides help in canceling missing cards and alerting credit reporting agencies, as well as targeting searches to detect if stolen personal and confidential data appears online.”
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