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RBA Glossary definition for CNP

CNP – Card not present

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Abbreviations

28 Sep 2022 PSB Annual Report – 2022
Chi-X. Chi-X Australia Pty Ltd. CME. Chicago Mercantile Exchange Inc. CNP.
https://www.rba.gov.au/publications/annual-reports/psb/2022/abbreviations.html

Abbreviations

21 Oct 2021 PSB Annual Report – 2021
Chi-X. Chi-X Australia Pty Ltd. CME. Chicago Mercantile Exchange Inc. CNP.
https://www.rba.gov.au/publications/annual-reports/psb/2021/abbreviations.html

Retail Payments Regulation and Policy Issues

21 Oct 2021 PSB Annual Report – 2021
A major focus for the payments industry in recent years has been on implementing measures to address rising fraud related to card-not-present (CNP) transactions (i.e. ... The industry, led by AusPayNet, also introduced the CNP Fraud Mitigation Framework,
https://www.rba.gov.au/publications/annual-reports/psb/2021/retail-payments-regulation-and-policy-issues.html

Abbreviations

15 Oct 2020 PSB Annual Report – 2020
Chi-X. Chi-X Australia Pty Ltd. CME. Chicago Mercantile Exchange Inc. CNP.
https://www.rba.gov.au/publications/annual-reports/psb/2020/abbreviations.html

Trends in Payments, Clearing and Settlement Systems

15 Oct 2020 PSB Annual Report – 2020
However, in 2019, CNP fraud losses declined by 13 per cent to $485 million, reflecting lower fraud losses on Australian-issued cards. ... The CNP Fraud Mitigation Framework implemented by the industry in mid 2019 is also helping to reduce CNP fraud
https://www.rba.gov.au/publications/annual-reports/psb/2020/trends-in-payments-clearing-and-settlement-systems.html

Retail Payments Regulation and Policy Issues

15 Oct 2020 PSB Annual Report – 2020
In addition, the industry, led by AusPayNet, has recently implemented a coordinated framework that aims to reduce CNP fraud through stronger authentication of online transactions. ... Breaches of the requirements by merchant acquirers or issuers can
https://www.rba.gov.au/publications/annual-reports/psb/2020/retail-payments-regulation-and-policy-issues.html

Abbreviations

17 Oct 2019 PSB Annual Report – 2019
CME. Chicago Mercantile Exchange Inc. CNP. Card-not-present. CLS. CLS Bank International.
https://www.rba.gov.au/publications/annual-reports/psb/2019/abbreviations.html

Retail Payments Regulation and Policy Issues

17 Oct 2019 PSB Annual Report – 2019
not-present (CNP) debit transactions, whereas previously these would have attracted lower rates. ... In recent years, the industry has been pursuing various initiatives to tackle the rise of CNP fraud.
https://www.rba.gov.au/publications/annual-reports/psb/2019/retail-payments-regulation-and-policy-issues.html

Strategic Priorities for the Reserve Bank's Payments Work

17 Oct 2019 PSB Annual Report – 2019
As more transactions have moved online in recent years, card-not-present (CNP) payment fraud has grown significantly. ... The Bank has therefore been encouraging the industry to take action to mitigate the upward trend in CNP fraud.
https://www.rba.gov.au/publications/annual-reports/psb/2019/strategic-priorities-for-the-reserve-banks-payments-work.html

Trends in Payments, Clearing and Settlement Systems

17 Oct 2019 PSB Annual Report – 2019
The industry has been working to reduce CNP fraud given rising losses and the expected continued growth in online card transactions. ... An industry framework to mitigate CNP fraud was recently developed by AusPayNet and came into effect in July 2019.
https://www.rba.gov.au/publications/annual-reports/psb/2019/trends-in-payments-clearing-and-settlement-systems.html