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PNC Bank Tests CNP Fraud Solution For Commercial Cards

PYMNTS

The company said in a press release Wednesday (Nov. 7) that it is piloting Dynamic CVV2 technology for commercial card customers. Commercial cards with EMV chips and Dynamic CVV2 that are compromised are “rendered virtually useless,” with protection against both card-present and CNP fraud. “Almost all U.S.

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Partners Against Crime: Visa Leads Effort To Fight Fraud With New Dynamic CVV Codes

PYMNTS

It is just such a solution that the MSUFCU is announcing it is piloting today (Nov. Dynamic CVV2 can ameliorate fraud, but is not a silver bullet meant to replace any part of the fraud architecture. Fraud is more than just an inconvenience for cardholders at this moment. What Comes Next.