Fraud & Security

Showing Latest Fraud & Security

Gen Z ready for biometric security

20 Feb 15 @ 09:17

16 to 24 year old consumers in the UK have the greatest appetite for biometric security measures and the greatest need to use them in place of traditional authentication such... read more

Cyber risk top CEOs’ list of threats to banking

20 Feb 15 @ 09:10

A PwC survey of 175 CEOs of Banking & Capital Markets (BCM) organisations across 54 countries shows 92% are optimistic about their growth prospects over the next three years, despite... read more

EMVCo plans integration for 3D Secure specification

19 Feb 15 @ 11:09

EMVCo says it plans to improve its 3D Secure online payment solution by facilitating a more seamless transaction flow and integration with online merchants. Introduced in 2001, 3D Secure has... read more

US EMV POS migration gathers pace

16 Feb 15 @ 15:33

By the end of 2015, approximately 59% of US POS locations will be EMV-enabled, according to a report from payment consultancy Aite Group. Awareness of the migration to EMV among... read more

Hackers steal $1 billion in global cyber attack

16 Feb 15 @ 15:17

Around $1 billion may have been stolen by hackers from 100 banks worldwide in an unprecedented cyber attack, according to a report by security specialist Kaspersky Lab. The attacks, which... read more

25% of phishing attacks in 2014 targeted financial data

13 Feb 15 @ 12:29

The Kaspersky Lab study ‘Financial Cyber Threats in 2014’ reports that 28.8% of phishing attacks in 2014 were intended to steal financial data from users. While carrying out their scams,... read more

US consumers lose trust in mobile wallets and apps

13 Feb 15 @ 11:54

According to a new survey in the US, trust is eroding among mobile device users when it comes to making purchases or mobile wallet and app downloads. A survey of 15,000... read more

MasterCard to to invest in biometrics and cyber security

13 Feb 15 @ 11:36

MasterCard is reportedly set to invest an additional $20 million in cyber security measures this year, including biometric protection for mobile apps, and early warning alerts on potential threat vectors. This... read more

Survey on internet security: smartphone and tablet users most reckless

13 Feb 15 @ 11:30

It is surprising to see that smartphone owners of all people are taking the biggest risks with data security, considering that 74% of all interviewees regularly use their web-enabled smartphone... read more

Fraud and security concerns push ID management in 2015

11 Feb 15 @ 13:26

Fraud and security: with the influx of high profile digital data breaches in the past year, businesses and consumers alike have grown increasingly concerned over the amount of sensitive personal... read more

Is 2015 the year for biometrics in payments?

10 Feb 15 @ 10:32

From wearable technology to smart phones, biometrics seemed to dominate at CES this year. Biometrics are unique human identifiers, such as fingerprints or retina scans, used as forms of authentication.... read more

Every $100 of fraud from mCommerce costs merchants $334 in 2014

04 Feb 15 @ 12:43

LexisNexis Risk Solutions has released its annual True Cost of Fraud Mobile study, which indicates that as merchants flock to the mobile channel so too are fraudsters. Revenue that mobile commerce (mCommerce)... read more

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Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more