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AN OVERVIEW OF PLASTIC CARD FRAUDS AND SOLUTIONS FOR AVOIDING FRAUDSTER TRANSACTIONS
2013
International Journal of Research in Engineering and Technology
Payment card fraud is causing billions of dollars in losses for the card payment industry. Besides direct losses, the brand name can be affected by loss of consumer confidence due to the fraud. As a result of these growing losses, financial institutions and card issuers are continually seeking new techniques and innovation in payment card fraud detection and prevention. Credit card fraud falls broadly into two categories: behavioral fraud and application fraud. Credit card transactions continue
doi:10.15623/ijret.2013.0208036
fatcat:fimmj4gpmfhd3cllu7yhhuqy3a