“It’s worse than we thought”
The UK press is awash with the news that the fraud rate is higher than everyone thought.
The UK press is awash with the news that the fraud rate is higher than everyone thought.
One of our Merchant911 members filed a fraud report that once again shows us that banks just don’t have a clue about fraud prevention. We’re not talking about a little bank here, folks. We’re talking about Washington Mutual - WaMu - one of the largest credit card issuers in the country.
Merchants need to know that they are PCI/DSS compliant even though they have no control over it.