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Global body to issue specifications to combat CNP fraud
Network will include mobile, pay cards, banks, cash outlets
Guidance seeks to ensure employees understand choices and are able to take advantage of benefits
As long as the U.S. remains a mag-stripe country, fraud will soar
New P2P services from banks that can be used for gifts may begin to cut into gift card volume
The U.S. migration to EMV depends on merchant adoption, customer interest
Cost is lower that basic checking account fee
Most wait until December to do major gift buying
While incidents rose, the average loss per compromised account fell 10
Wholesale transaction banking looks to be the key lever for higher ROE
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