First Contact – Vulnerabilities In Contactless Payments
Contactless payments are quickly replacing traditional cash and chip-inserted credit card transactions. Despite using a seemingly modern technology, it is still not clear whether near-field communications (NFC) cards and mobile devices are driving a reduction in fraud.
Regardless of the vulnerabilities found in vendor payment cards, banks are still responsible for protecting customers from theft and fraud.
Automated solutions can help financial institutions—many of which are still using manual, siloed processes—to increase their capacity to respond to vulnerabilities and incidents and ultimately decrease the size and cost of a breach. Download this webinar summary to learn more.