MasterCard tackles PIN-based debit card fraud

02.11.2006

Visa U.S.A. Inc. is working on a similar fraud-detection capability. In May, the company announced that it would be integrating its Visa Plus ATM network with its primary credit card authorization system in a bid to provide real-time fraud intelligence around every Plus ATM transaction. The integration, touted as part of a broader strategy to bolster security around the Visa payment system, is expected to be phased in through the rest of this year and 2007.