In the message dated: Mon, 02 Feb 2015 11:46:28 -0800,
The pithy ruminations from David Lang on 
<Re: [lopsa-discuss] NIce Fraud alert system - American Express> were:
=> On Mon, 2 Feb 2015, Peter Loron wrote:
=> 
=> > Yep, AMEX is usually pretty on the ball WRT fraud.

That's been my experience too.

=> >

[SNIP!]

=> >
=> > The EMV isn't perfect, but it does reduce fraud.
=> 
=> Does it make any impact on online/phone purchases?

+1 to AMEX for fraud detection.

-100 to AMEX for online/phone purchase fraud prevention.

Many years ago, AMEX used to offer (free!) virtual credit card numbers
called Private Payments. These were good for one-time use, with a
capped-maximum and 30-day validity. The "card" could be generated
on-demand after logging into the AMEX site. This was a terrific way to
handle on-line purchases. Then they dropped the service.

Mark

=> 
=> David Lang
=> 
-- 
Mark Bergman    
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