PaysafeVoice: What Merchants Should Know In The Fight Against Credit Card Fraud [Forbes]
Equifax, Inc. (EFX)
Last equifax, inc. earnings: 4/20 05:24 pm
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Source: Forbes
By Teresa Meek Moving to the EMV standard for credit cards with embedded chips was supposed to decrease card fraud. Instead, the problem is growing worse. iStock You can reduce fraud, but never eliminate it. Identity theft fraud — mostly from credit card theft or hacking — rose to $16 billion in 2016, a billion dollars higher than the previous year, a study by Javelin Strategy & Research found. This type of fraud affected more than 15 million people, or 6 percent of all consumers. In a Paysafe survey called Lost in Transaction , more than 40 percent of businesses reported that over 5 percent of their transactions were fraudulent. With stricter physical measures in place and card companies watching transactions like hawks, why is fraud increasing? The answer reveals the cat-and-mouse nature of the battle against fraud. Security chips make it harder for criminals to use stolen cards in stores, so criminals have migrated online, where the chips ha
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EFX
News
- Equifax Names Barbara Larson to Board of Directors [Yahoo! Finance]Yahoo! Finance
- Equifax Names Barbara Larson to Board of DirectorsPR Newswire
- Equifax Board of Directors Declares Quarterly DividendPR Newswire
- Employ Announces New Chief Product Officer [Yahoo! Finance]Yahoo! Finance
- Equifax Announces Participation in May Investor Conferences [Yahoo! Finance]Yahoo! Finance
EFX
Earnings
- 4/17/24 - Beat
EFX
Sec Filings
- 4/30/24 - Form 4
- 4/30/24 - Form 4
- 4/26/24 - Form 144
- EFX's page on the SEC website