Search: CNP
RBA Glossary definition for CNP
CNP – Card not present
Search Results
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
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
Trends in Payments, Clearing and Settlement Systems
20 Sep 2018
PSB Annual Report
– 2018
In contrast to CNP fraud, card-present (CP) scheme fraud losses fell by around $25 million in 2017. ... An industry framework for mitigating CNP fraud is currently being developed by AusPayNet, and is expected to be implemented over the coming year,
https://www.rba.gov.au/publications/annual-reports/psb/2018/trends-in-payments-clearing-and-settlement-systems.html