Fraud Threats in the E-Commerce Channel Vex Merchants
June 18, 2018
June 18, 2018
MINNEAPOLIS, Minnesota, June 18 -- The Federal Reserve Bank of Minneapolis issued the following news release:
According to a new survey of 166 U.S. merchants with an e-commerce presence, card-not-present (CNP) fraud is the top payment threat to retailers. The survey also found that retailers worry about their ability to handle increased e-commerce fraud, which many merchants expect to increase over the next six to 12 months, largely as a result of data breaches. The survey, released . . .
According to a new survey of 166 U.S. merchants with an e-commerce presence, card-not-present (CNP) fraud is the top payment threat to retailers. The survey also found that retailers worry about their ability to handle increased e-commerce fraud, which many merchants expect to increase over the next six to 12 months, largely as a result of data breaches. The survey, released . . .