October 30 – As the United States looks to implement EMV, Javelin examined the United Kingdom EMV market as a looking glass into the future U. S. market. While the rapid proliferation of EMV adoption in the UK produced a significant drop in POS fraud, it did not address where card fraud is most problematic—e-commerce and m-commerce. Javelin Strategy & Research’s report, Fixing CNP Fraud: Solutions for a Pre-and Post-EMV U.S. Marketwarns that online card fraud will rapidly increase despite and irrespective of the US transition to EMV.
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