Consultant Fraud Risk Management at a financial services firm with 501-1,000 employees
Consultant
2017-04-24T05:59:00Z
Apr 24, 2017
Card holders have to step up for authentication. The fraud rates dropped for card not present fraud. We see that the non-3D Secure fraud is rising as well as account takeovers. That's why I think it's very good to have such a product in place. When selecting a vendor, I want them to be straightforward, do a lot of innovation, and be a step upfront of the issues as needed. I think those are the most key and important things that we expect.
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Card holders have to step up for authentication. The fraud rates dropped for card not present fraud. We see that the non-3D Secure fraud is rising as well as account takeovers. That's why I think it's very good to have such a product in place. When selecting a vendor, I want them to be straightforward, do a lot of innovation, and be a step upfront of the issues as needed. I think those are the most key and important things that we expect.