What is the key difference between 'first-party fraud' and 'third-party fraud' in payments?
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A
First-party fraud involves stolen card data; third-party fraud involves identity theft
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B
First-party fraud is committed by the account holder themselves; third-party fraud is committed by an external criminal
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C
First-party fraud occurs at the point of sale; third-party fraud occurs online
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D
First-party fraud is covered by Regulation E; third-party fraud is not