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Mobile Shoppers Face a Greater Fraud Risk, But Not Because of EMV

Black Friday will mark a new milestone this year, when mobile devices for the first time will account for about half of all online purchases during the first weekend of the holiday shopping frenzy. Transactions via mobile phones and tablets will reach a peak of 48% of all e-commerce sales from Black Friday on Nov. 27 through Monday, Nov. 30, iovation forecasted this week, based on a long-term analysis of millions of transactions from clients of its online fraud prevention services.

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