Acofounder, falling victim to the very problem his company intends to solve. Ironic, indeed. But as I read through my statement: £80 on a gaming site, £155 on a shopping site, £943 on a travel booking site. I realized that I had been a victim of CNP fraud. It was in this moment that I not only realized the need for a better solution, but more so, how deeply the problem actually runs.It was a sunny afternoon and I was walking near my home when it happened: a teen snatched my phone. I must have been an easy mark: headphones in, face buried in my phone, and wearing sandals.