Risk Payments in the IoT - Who's Liable for My Refrigerator's Payments?
The value of IoT developments rests in allowing customers to disengage from tasks they would otherwise perform. This poses interesting challenges for merchants in connection with fraud and risk.
This presentation from a team of experts with a rich background in merchant fraud covers important considerations, such as:
- What will happen with traditional means of authentication that rely on actions from users?
- What changes will have to be made to payment systems?
- What new fraud patterns will attackers develop?