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25 Jul 24 @ 10:13
2024 data from Merchantsavvy projects[1] that fraud related to payment cards will rise by 21.5% to hit $43.47 billion by 2028 as new forms of fraud such as Synthetic ID,... read more
06 Sep 22 @ 16:52
The United Kingdom and the Nordic region continue to lead Europe both in terms of digital transformation and card fraud loss reduction. Denmark and Sweden achieved the highest percentage decreases... read more
05 Aug 22 @ 10:01
Since March 2020, consumer spending habits have changed significantly, and that includes the way we use our credit cards online. Almost immediately, fraudsters tapped into this and found new ways... read more
09 Mar 22 @ 16:56
Which? A consumer rights and protection website has analysed new data and says that every hour, APP fraud (Authorised push payment fraud) victims lose more money than the average UK... read more
01 Feb 22 @ 13:12
The latest version of the European Central Bank fraud report is now available. The report, Seventh report on card fraud, analyses trends in card fraud in 2019 as reported by... read more
27 Oct 21 @ 11:43
New data released by the payments industry self-regulatory body, Australian Payments Network (AusPayNet), has shown a slight increase in online card fraud in 2020 as the shift to online payments... read more
20 Aug 21 @ 13:48
New data released by the payments industry self-regulatory body, Australian Payments Network (AusPayNet), has shown a slight increase in online card fraud in 2020 as the shift to online payments... read more
22 Jun 21 @ 15:55
2020 was an incredibly challenging year across the globe, with a rapidly changing mix of customer demands, a volatile staffing and servicing model, and a need to drive transformation quicker... read more
19 Apr 21 @ 12:02
An independent report by Rödl & Partner has been released. The aim of the report was to investigate any shortcoming by accounting firm EY into the now infamous Wirecard scandal.... read more
23 Dec 20 @ 11:17
UK banks achieved the biggest reduction in card fraud losses last year among 18 countries across Europe, according to the updated FICO European Fraud Map. More than half of the... read more
19 Oct 20 @ 03:11
Data released by the Australian payments industry’s self-regulating body, the Australian Payments Network (AusPayNet) has revealed a 19.5 percent decline in card fraud in 2019, the biggest decline since fraud... read more
13 Oct 20 @ 09:33
Card fraud losses on UK-issued cards totalled £620.6 million in 2019, an 8% decrease from £671.4 million in 2018. At the same time, total spending on all debit and credit... read more
22 Sep 20 @ 14:11
UK banks achieved the biggest reduction in card fraud losses last year among 18 countries across Europe, according to the updated FICO European Fraud Map. More than half of the... read more
14 Aug 20 @ 10:27
Data released by the payments industry self-regulatory body Australian Payments Network (AusPayNet) revealed a 19.5% decline in card fraud in 2019, the biggest decline since fraud data was first published.... read more
28 Apr 20 @ 08:37
Wirecard says that the independent audit by KPMG into fraud allegations uncovered no need to restate earnings, but added that all the data needed to confirm past revenues could not... read more
20 Mar 20 @ 13:29
Payment card fraud, arguably one of the most straightforward approaches to financially motivated crime, persists in the face of ongoing anti-fraud efforts from regulators, financial institutions, and retailers. Carding, as... read more
13 Feb 20 @ 07:06
Driven by the hardening of regulatory frameworks and an increase in prevention techniques, significant improvements in plastic card fraud have been recorded in multiple markets across Europe. For example, the... read more
09 Dec 19 @ 18:00
Driven by the hardening of regulatory frameworks and an increase in prevention techniques, significant improvements in plastic card fraud have been recorded in multiple markets across Europe. For example, the... read more
28 Nov 19 @ 15:32
Millions of UK credit card customers have fallen victim to credit card fraud over the last year, research from Compare the Market reveals. In the last 12 months, over a... read more
14 Oct 19 @ 08:52
Skyrocketing Card-Not-Present (CNP) fraud numbers, card theft and ID theft – plus the revelation of a single fraud case involving a Federal Government agency in which up to AUD 99... read more
21 Apr 26 @ 14:35
Revolut is beginning to sound more like a future public market heavyweight than a fast-growing European fintech. Chief executive Nik Storonsky has said the com... more
22 Apr 26 @ 19:36
Banks are hardening their cyber defences as artificial intelligence begins to alter the economics of digital attacks. For financial institutions, the challenge ... more
12 May 26 @ 15:44
Visa has launched a new tap-based authentication technology that could reshape how banks verify customers in mobile banking environments. [caption id="atta... more
