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Credit Card

Look to EMV chip cards for recent rise in digital credit, debit fraud attempts


Those fraud-fighting, chip-enabled credit cards seem to be everywhere now and—credit card fraud activity is up dramatically. That might actually be a good thing, however. Retail fraud attempts rose 31 percent during the holiday shopping season, compared to last year, according to fraud-fighting firm ACI Worldwide. The firm says 1 out of every 97 transactions was a fraudulent attempt during December. Related infographic: Fraudsters adjust to new EMV chip cards. “Over the 2016 holiday shopping […]