X9A Retail Payments Subcommittee – Project Status

TR-48 Card Not Present Fraud Mitigation

This is a new technical report that is being developed by the X9A23 CNP (Card Not Present) Fraud working group. The purpose of this work effort is to develop a technical report summarizing best practices to mitigate CNP fraud in the U.S. This report would identify enhanced security practices that could be adopted, as appropriate, by all the relevant stakeholders within the card payment system including merchants, processors and financial institutions. The report would also provide better information for assessors, auditors, and regulators to evaluate fraud risk and controls in the card payment ecosystem.