London, Oct. 15, 2019 – Since online transactions became the norm for consumers around the world, banks, merchants and card providers have worked very hard to put up walls to stop criminals taking advantage of unsuspecting users.
In his latest opinion piece for SC Magazine, Sean Neary, Senior Product Officer at Featurespace, weighs in on how PSD2 will impact criminal behavior and how card issuers and banks will need to adjust. “The challenge for banks, card issuers, merchants and merchant acquirers will be to try and stay ahead of the fraudsters. This will require real-time monitoring of transactions, which for many will be a challenge and may result in missing the fraud altogether or catching too much in the form of false positives.” Read more at SCMagazineUK.com.Share