Card-not-present (CNP) fraud attacks are on the rise. In this article, learn about the types of CNP fraud and how merchants can effectively prevent fraud attacks from damaging their bottom line.
TechRadar—the largest UK-based consumer technology news and reviews website—recently published an article written by Vesta's Chief Information Officer, Tan Truong. In the article, Tan covers:
The two types of card-not-present fraud
The challenge of fighting fraud with indirect linkage
Using machine learning to combat fraud attacks
The value in investing in an end-to-end fraud prevention solution
"Without an effective CNP fraud solution, you’ll end up either rejecting too many legitimate transactions or accepting too many fraudulent ones, which is why it’s important to invest in a solution that strikes the right balance between maximizing approvals of legitimate sales and blocking the bad ones." - Tan Truong, Vesta CIO