The COVID-19 pandemic has shifted the dynamic of card fraud in favor of the fraudsters, says fraud expert Andrei Barysevich. Many fraudsters are using more sophisticated tools, including anti-fingerprinting technology, he says. He discusses the costs associated with card-not-present transaction monitoring using 3D Secure 2.0 and how smaller organizations can perform manual checks on red flags card transactions. The fraud intelligence company Gemini Advisory is based in New York.”]
Source: https://www.bankinfosecurity.com/fighting-card-fraud-in-new-environment-a-15079