Broader card payment security measures may minimise fraud: Kansas Fed
A paper released by the Kansas Federal Reserve in June discusses the challenges the central bank faces in protecting consumers from card payment fraud in the United States.
The author, Richard Sullivan, finds that awareness of identity theft and concerns over safety have increased as cards have become the primary instrument in retail transactions. Sullivan says payment providers are exploring options to protect sensitive data, and are only starting to get a sense for the dimensions of the
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