As FICO reported today, there was a 10% increase in the number of payment cards compromised at U.S. ATMs and merchants in 2017.

I'm forecasting that in 2018, my wallet will become slimmer as physical (plastic) credit cards are replaced with payment apps on my smart phone.

In terms of detecting fraudulent card transactions, there’s only one data source that offers the most predictive power, hands down: other card transactions, and lots of them.

Will banks bolster their defensive line with additional mobile payments fraud protections, driving further adoption?

Response rates have dramatically improved from hours or even days to 11 minutes on valid transactions and 31 minutes when confirming card fraud.