Shamoun Siddiqui, CISO at Neiman Marcus, discusses card fraud in the U.S. The rollout of EMV has transformed the card fraud landscape, he says. He discusses the evolution of artificial intelligence, machine learning and biometrics as fraud mitigation tools. The pervasive problem of gift card fraud is the pervasive problem, he adds. The evolution of AI and machine learning is the next step in the fight against card-not-present fraud, he said. The move from card present to card not present fraud is a major shift to online channels.”]
Source: https://www.cuinfosecurity.com/shifts-in-retail-fraud-landscape-a-10991