Global Trends in the Payment Card Industry 2013: Processors

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While cards are the most popular payment method around the globe, fraud is a continuing concern for processors. As fast as payment card processors implement consumer security measures, fraudsters and cyber criminals adapt to them. Today’s need for higher security measures has led to two primary trends for card processors. First, the payment card industry has developed a code of best practices designed to prevent hackers from obtaining consumer card details. Second, payment card players have been launching new and innovative payment functions. Learn more about these trends in our paper.