what is liability shift|What is the fraud liability shift and when is it?

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What Was the EMV Liability Shift? The EMV liability shift of 2015 was implemented by the major card networks in an effort to relieve issuers’ liability for fraud. The initiative aimed to mandate fraud protections for。

The U.S. approach to fraud liability shift is not a mandate. This in effect means that you will not be penalized for non-compliance by this date. You could however be exposed to or held liable for。

Most U.S. payment networks have implemented EMV fraud “liability shifts,” effective October 2015, for POS transactions. Some networks also have either implemented or announced。

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what is liability shift|What is the fraud liability shift and when is it?

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