Combat Card-Not-Present Fraud With 3AKey: A Electronic Fraud Prevention

The low cost and reach of the Internet has propelled the growth of online banking and e-commerce, despite the variety of security concerns. Credit and Debit cards have played a dominate role in e-commerce payments and thus have become a major target and the major method of Internet based fraud. There are many factors contributing to the current dilemmas. A primary and dominant factor is that security systems are unable to keep up with the speed of change in technologies.