Fraud shift as a result of migration to EMV chip payments in the U.S. will extend beyond card-not-present payments, experts say. First-party fraud and business email compromise attacks are likely to increase, too, as EMV shores up the security of card transactions at the point of sale. Financial fraud expert Shirley Inscoe, an analyst at consultancy Aite, also acknowledged that new-account fraud, whether it’s linked to opening a new payment card account, an e-commerce account or checking account, is poised to increase significantly.”]
Source: https://www.govinfosecurity.com/blogs/emv-countdown-to-fraud-shift-p-1938