Search: CNP
RBA Glossary definition for CNP
CNP – Card not present
Search Results
Developments in Retail Payment Systems
8 Sep 2011
PSB Annual Report
– 2011
In the United Kingdom, for example, CNP fraud has declined by nearly one-third since 2008. ... Apart from CNP fraud, the other major component of payments fraud is counterfeit or skimming fraud.
https://www.rba.gov.au/publications/annual-reports/psb/2011/dev-payments.html
Developments in Retail Payments Systems
10 Sep 2012
PSB Annual Report
– 2012
The rise in fraud levels is mostly taking place in the card-not-present (CNP) environment. ... Apart from CNP fraud, the other major component of payments fraud is counterfeit or skimming fraud.
https://www.rba.gov.au/publications/annual-reports/psb/2012/dev-ret-pay-sys.html
Developments in Retail Payment Systems
25 Oct 2010
PSB Annual Report
– 2010
In 2009, CNP fraud on Australian-issued credit cards rose from $72.8 million to $88.7 million. ... The card schemes are continuing to work on developing ways of controlling CNP fraud.
https://www.rba.gov.au/publications/annual-reports/psb/2010/dev-payments.html
Trends in Retail Payments
2 Oct 2013
PSB Annual Report
– 2013
Footnote Box A. More broadly, card-not-present (CNP) transactions acquired in Australia (which include transactions made over the telephone, by mail or via the internet) accounted for 566 million transactions ... Within CNP transactions, internet
https://www.rba.gov.au/publications/annual-reports/psb/2013/trends-in-ret-pay.html
Developments in the Retail Payments System
2 Oct 2009
PSB Annual Report
– 2009
The two largest components of credit and charge card fraud are card-not-present (CNP) fraud and counterfeit or skimming fraud. ... CNP fraud typically involves the theft of genuine card details which are then used to make a purchase over the internet, by
https://www.rba.gov.au/publications/annual-reports/psb/2009/dev-payments.html
Trends in Payments, Clearing and Settlement Systems
14 Sep 2017
PSB Annual Report
– 2017
The fraud rate for CNP transactions is estimated to be around 8 times the rate for card-present transactions. ... The industry has recently been considering initiatives to address the steep rise in CNP fraud, particularly online card fraud.
https://www.rba.gov.au/publications/annual-reports/psb/2017/trends-in-payments-clearing-and-settlement-systems.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
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
20 Sep 2018
PSB Annual Report
– 2018
A second strand has focused on improved fraud detection tools. More recently, however, the industry has been developing a coordinated strategy to reduce CNP fraud. ... AusPayNet was tasked with drafting a CNP fraud mitigation framework, which was
https://www.rba.gov.au/publications/annual-reports/psb/2018/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