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Online commerce overall quintupled in 2013; likely to grow in 2014
Deleveraging demands new sales strategies
Latest episodes just one part of digital fraud schemes
“SpyEye” had infected 1.4 million computers
Pros and cons of PIN, contactless aspects debated at conference
But upward trend continues despite shivers
Study finds correlation between the size and impact of mobile fraud
Global body to issue specifications to combat CNP fraud
Two issues are in play—one highlighted by Target breach
Network will include mobile, pay cards, banks, cash outlets
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