Transaction Laundering: Payments’ Big Threat

By | November 23, 2022

Last Updated on November 23, 2022 by Craig Allen Keefner

 

Where there’s a will, there’s a way. Transaction laundering, not to be confused with money laundering, is a pretty big will that has found some

Source: www.pymnts.com

Good read on how proliferation of payment methods coupled with push to emv will radicalize this type of fraud

Author: Craig Allen Keefner

Craig Allen Keefner is an industry analyst, content strategist, and longtime authority on self-service kiosks, digital signage, unattended payment systems, and interactive technology. He manages content and industry strategy for Kiosk Industry and The Industry Group, with a focus on kiosk software, hardware-software integration, accessibility, payment compliance, healthcare kiosks, restaurant self-service, and emerging AI automation. Craig has covered the self-service and kiosk industry since the 1990s, tracking how public-facing terminals move from concept to field deployment. His work combines industry research, vendor analysis, operator conversations, standards tracking, trade show coverage, and practical experience with the real-world constraints of kiosk deployments. https://www.linkedin.com/in/kiosk