As AU10TIX Warned: US Move to New EMV Cards Drove 113% Increase in New Account Fraud Where ID Authentication Technology Lags | Virtual-Strategy Magazine

Latest Javelin Strategy & Research’s 2016 Identity Fraud Study revealed that cracking down on in-person fraud and the profitability of counterfeit card operations resulted in a 113% increase in new account fraud which now accounts for 20%…

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Kenneth Carnesi holds a Juris Doctor degree from New York Law School and a Professional Certificate in International Banking from Harvard Law School. Kenneth Carnesi is the Director of Operations and Government Sales at Anaptyx LLC and sits on the Boards of The Lazarus Organization, Monkeetech LLC and MG Madison Phillips, Inc. Mr. Carnesi has also founded CICG - Carnesi International Consulting Group, a company specializing in strategy consulting to small to mid-size businesses.

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