Fraud prevention is a major concern for many people. To prevent fraudulent charges, most merchants require customers to provide their debit or credit card number, its expiration date and a numeric ...

The card network is enabling organizations to monitor risk systems and receive grades and plans of action for improvement.

After MasterCard International announced that a security breach at CardSystems Solutions Inc., a third-party payment processor, exposed more than 40 million cardholders to potential fraud, CardSystems ...

Credit card fraud is the most common form of identity theft, according to the Federal Trade Commission (FTC). The four major credit card networks — Visa, Mastercard, American Express and Discover — ...

Mastercard unveiled plans to leverage artificial intelligence (AI) in its fraud-detection systems, aiming to detect compromised cards more swiftly before they are exploited by cybercriminals. With its ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. CVV stands for card verification value ...

Many consumers understand that to lessen the risk of identity theft, they must protect their personal financial information. Consumers tend to understand that this means protecting from disclosure ...