Sentences with phrase «places fraud liability»

Not exact matches

Enterprise liability, by contrast, places the responsibility of proceeding against the wrongful agents with the firm, and thus with the very agents (and their close associates) most likely to have committed fraud.

Some offer «zero liability» in the case of unauthorized purchases, and many now use chip technology to reduce the likelihood of fraud in the first place.

Under the zero liability policy, unless you have been grossly negligent or have been engaged in fraud, you will not be liable for any unauthorized transactions made with your lost or stolen Card, provided such transactions take place on the Visa ® Network.

If a merchant uses Chip and PIN technology on a customer's smartcard and fraud still takes place, the credit card company bears the liability.

Consumer protection The well - established major credit card payment networks also have well - established consumer protection measures in place, such as extended warranties and limits on fraud liability.

It also accuses BitConnect of fraud on several different counts, including failure to properly disclose the identity of its principals, its physical address and place of business, its assets and liabilities, as well as the true risks involved in such investment schemes.