Comments
Doubling Down on 'Card Not Present' Fraud
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Byurcan
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Byurcan,
User Rank: Author
9/8/2014 | 10:24:34 AM
Re: EMV
Though many consumers want things to be both extremely convenient and secure, and don't want to sacrifice any convenience for security. They need to learn to compromise.
Kelly22
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Kelly22,
User Rank: Author
9/5/2014 | 6:08:18 PM
Re: EMV
Agreed. It's understandable that banks don't want to inconvenience their customers, but when it comes to security, the customers should really understand that increased security measures are for their own good. 
Jonathan_Camhi
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Jonathan_Camhi,
User Rank: Author
9/5/2014 | 1:00:05 PM
Re: EMV
Two-factor authentication should be ubiquitous by now. I think these kinds of major hacks will help grow customer awareness about the need to opt-in for that kind of authentication to better protect themselves. Nobody wants to force their customer to do a second authentication factor because of customer experience concerns. The customers need to be convinced that it's worth it. Obviously a huge need for customer education there.
paulmcmeekinACI
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paulmcmeekinACI,
User Rank: Apprentice
9/5/2014 | 9:03:35 AM
Re: EMV
Now that would be cool!  For banking purposes they could use the cip and give out free terminals so you have two factor authentication. Barclays does it in the UK. It'll be interesting to see what happens and which e-tailers are lagging behind.
Byurcan
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Byurcan,
User Rank: Author
9/4/2014 | 5:02:54 PM
Re: EMV
Soon it will be via retinal scan taken by our device's camera.
Jonathan_Camhi
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Jonathan_Camhi,
User Rank: Author
9/4/2014 | 4:12:51 PM
Re: EMV
I woudl think that with all of the cyber fraud news happening right now that they would have to be looking into it. At the very least there has to be another way to verify customers online besides usernames and passwords.
Byurcan
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Byurcan,
User Rank: Author
9/4/2014 | 9:38:28 AM
EMV
Thanks for the article, Paul. It is true EMV can't so anything against CNP fraud, it willbe interesting to see if, as you say, online retailers start to pursue new security initiatives. 


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