Payments pundits say U.S. card issuers are doing more behind the scenes to triumph in small skirmishes than we might think. As details about the Michaels card breach are gradually revealed, it will be clear financial institutions, as card-issuers, are the ones that picked up on the common fraud link – Michaels. “A good, robust scoring system is the only way to really pick up on this. That’s why behavioral scoring is so important,” says TowerGroup’s Brian Riley.”]
Source: https://www.bankinfosecurity.com/blogs/card-fraud-issuers-are-pivotal-p-949