Payments

PCI in an EMV Chip World: Increasing Security and Reducing Fraud

Presentation

While EMV chips greatly reduce counterfeit card fraud, it is expected that EMV will have limited impact on lost and stolen card fraud as most US issuers will not require use of a PIN; card not present fraud is expected to increase as chip technology makes in-store purchases less risky. Merchants with physical/in-store channels should upgrade terminals and devices, while those with omni-channel or online only presences need to focus on ensuring a robust payments security infrastructure is in place.

PCI in an EMV Chip World: Increasing Security and Reducing Fraud

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