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In the US you can take money from a credit card by just using the that’s plainly written on it. That’s not what I would call making an effort at origination fr
by konschubert 2y ago
In the US you can take money from a credit card by just using the that’s plainly written on it. That’s not what I would call making an effort at origination fraud prevention.
- lmz 2y agoHell, you can take money from a bank account by just using what's written on a cheque...
- crazygringo 2y agoBelieve it or not, they make a huge effort at fraud prevention. Because it takes away from their profits. However there are both historical and convenience reasons at play here. It was a big transition to move to chips, for example. So your assertion that they're not making an effort at fraud prevention is just completely untrue.