Why does payment security in the U.S. need to be a top priority?

U.S. payment security lags behind that of the rest of the world. For example, according to a recent study, 42 percent of cardholders (debit, credit and prepaid) in the United States have experienced card fraud in the past five years, compared with a much lower 27 percent of cardholders across the world. We need to reverse this trend by collaboratively addressing payment security in the United States.