Why U.S. EMV Migration Will Spur Global Fraud Shift
PCI's King: European Banks, Retailers Should Brace for Card Fraud Uptick
October 5, 2015
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About this episode
In the wake of the Oct. 1 EMV fraud liability shift date, U.S. merchants can expect to pay for counterfeit fraud losses previously absorbed by European issuers, says Jeremy King of the PCI Council. Longer-term, he expects European banks will experience more fraud as U.S. POS and card security leapfrogs other markets.