Preventing fraud
Lastly, the report said that the forum’s Card-Not-Present Fraud Working Committee and Mobile and Contactless Working Committee are releasing projects to provide information on how to secure these channels and help to address challenges implementing mobile payments. The committees aim to spread their assistance and address issues across industries.
The Princeton Junction, N.J.-based U.S. Payments Forum, formerly the EMV Migration Forum, is a cross-industry body focused on supporting the introduction and implementation of new and emerging technologies that protect the security of and enhance opportunities for payment transactions within the United States.