Card Not Present (CNP) Fraud: CNP fraud occurs when the physical card is not required for a transaction, as in online or phone purchases. Fraudsters use stolen card information to initiate these transactions, often bypassing security measures like the CVV code. Financial Analytics: Payment processors, banks, and financial institutions analyze dumps to understand transaction trends, customer behavior, and fraud patterns, which helps improve security measures and prevent fraud.
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Understanding Dumps Good Fresh: “Dumps” typically refer to stolen credit card data that includes sensitive information like card numbers, expiration dates, and CVV codes.