Recent news about data breaches has consumers on high alert, and rightly so. Hacked data is one of the many tools criminals use to facilitate fraudulent transactions. According to some reports, U.S. banks and merchants will incur more than $12 billion in fraud losses by 2020, up from $8.45 billion in 2015.
Read the full article on PaymentSource.
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Image: Dave Excell, Featurespace founder