CNP EXPO 2016 Keywords – Online fraud, data and machine learning

As card not present (CNP) transactions grow, online fraud is growing too, and with EMV migration in the US it is expected to grow even more. No wonder fraud is so high on merchants' list of concerns! Next to omnichannel, big data and cross-border, fraud was also one of the main keywords of the CNP EXPO 2016 edition. Amongst the top challenges in fighting fraud is the immense volumes and velocity of data generated by the big brands. This poses new, unique problems but it also creates opportunities to transform business and create competitive advantage.