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Uptick in Magnetic Stripe “Signature Based” Card Fraud

Thu, Nov 21, 2013

Columbia, Maryland

CREDIT UNIONS CONTINUE TO REPORT ONGOING CARD FRAUD – BOTH CREDIT AND DEBIT.


It is imperative for credit unions experiencing card present signature based fraud to analyze the card transaction activity to help identify the common point-of-compromise (CPP) and report it to the card association, Visa or MasterCard, in a timely manner.

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