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EMV transition will still leave security gaps

Maria Korolov | Sept. 9, 2015
This October, US merchants and payment providers are scheduled to switch to new, more secure, chip-based payments.

John Dancu, CEO at fraud prevention firm IDology, recommends that companies roll out layered fraud-prevention solutions, and share information with other players in the industry.

"Collaboration is the most effective way to fight fraud," he said.

 

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