EPC Resolution: Preventing Card Fraud in a Mature EMV Environment

Card fraud prevention represents an opportunity to save or reduce the more than 1.5 billion euro annual costs faced by the European card payment industry. This figure does not include all the direct and indirect costs resulting from managing fraud-related issues nor does it reflect the negative impact on the image of the banks.

Since the inception of its card program, the has identified card fraud prevention as one of its top priorities together with the card standardisation program.

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