Recent data from the Australian Payments Network has revealed that over 80% of Australia’s card fraud results from CNP (Card Not Present) transactions. In an initiative to combat such fraud, the Australian Payments Network is looking into measures such as multi-factor authentication, and dynamic CVV numbers.
Multi-factor authentication tabled as a solution to Australia’s $443 million online card fraud problem – 8 March 2018
by admin | Mar 8, 2018 | News & Analysis |