3 ms·
Isn't this a property (and longstanding value judgement) of the entire payment card ecosystem?
by tptacek 5mo ago
Isn't this a property (and longstanding value judgement) of the entire payment card ecosystem?
- AnthonyMouse 5mo agoWhen a problem is industry-wide, people are naturally going to complain about the most prominent companies, but that's not necessarily even wrong. The most prominent companies are the ones in the strongest position to actually do something about it (e.g. develop better detection for friendly fraud or lobby for sensible regulatory changes), and have a stronger incentive to when they're the ones who keep getting blamed.
- tonyarkles 5mo agohttps://www.bitsaboutmoney.com/archive/optimal-amount-of-fraud/ https://www.bitsaboutmoney.com/archive/optimal-amount-of-fra... Classic patio11 article.
- deleted 5mo ago[deleted]