Fraud Down by 66% Since Chips Went Into Credit Cards According to Visa Risk Exec
Stephanie Ericksen, Vice President of Global Risk Products at Visa, says counterfeit fraud has gone down by 66% since chip-cards were widely adopted about two and a half years ago.
For full interview [click here](https://cheddar.com/videos/how-visa-credit-cards-are-keeping-you-safe-from-fraud).
Amazon says it had its best Prime Day sales event ever this week with $14.2 billion spent online on Tuesday and Wednesday, up 11% compared to last year.
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