This press release was orginally distributed by SBWire
Manchester, NH — (SBWIRE) — 06/01/2016 — Banking institutions, authorities, and the payments industry are developing new innovations to fight identity thieves and fraudsters. These measures are created to establish a safe environment for financial transactions. There are many types of identity theft crimes, and they make many people from around the world suffer from financial embarrassment.
Experts highlight the types of card fraud that consumers should know about. Today, there are many measures used to fight these crimes such as card validation codes, tamper-evident signature panel, holograms, and EMV chip.