Cyber Crime

Showing Latest Cyber Crime

Millions of payment card details found on dark web – USA and Visa hit hardest

02 Dec 21 @ 12:45

New analysis has observed over 4 million (4,481,379) payment card details, belonging to users across 140 countries, being traded on the dark web. The hackers were found selling payment cards information for... read more

The reality of cyber crime in Europe

30 Nov 21 @ 13:11

Are you aware of just how often real-world offences and cyber crimes are committed across Europe and which countries are most affected? TechRobot has carried out research on real-world crime... read more

Buy Now Pay Later fraud risks set to rise this Black Friday

24 Nov 21 @ 13:18

A significant increase in Buy Now Pay Later (BNPL) transactions expected this Black Friday and Cyber Monday is forecast to put businesses and consumers at heightened risk of falling victim... read more

Current fraud defences aren’t working. Fraud engines need supercharging!

23 Nov 21 @ 16:36

As digital commerce becomes a mainstay of everyday life, better automation in monitoring transactions for fraud is a necessity. Despite the best efforts of our industry, payments fraud continues to... read more

Banking malware threats surging as mobile banking increases

08 Nov 21 @ 12:06

Banking malware threats are sharply increasing as cyber criminals target the rising popularity of mobile banking on smartphones, with plots aimed at stealing personal banking credentials and credit card information.... read more

Child identity fraud costs nearly $1 billion annually

03 Nov 21 @ 13:36

More than 1.25 million children in the United States fell victim to identity fraud and theft in the past year, costing the average affected family more than $1,100. The topic... read more

Hacker advice: Stop trying to keep me out – focus on the data

19 Oct 21 @ 12:39

For more than 20 years, businesses around the world have been hiring hackers. They want us to find exploitable loopholes in their “armour” and break in as far as we... read more

KYC and what it means for FinTechs in Ireland

19 Oct 21 @ 11:28

According to The FinTech Times, the number of FinTechs incorporated in Ireland grew by 30% over the last two years, fuelled by Brexit and Ireland’s growing reputation as a financial... read more

UK researchers find hacking flaw in Apple Pay with Visa cards

01 Oct 21 @ 08:37

Researchers from the University of Birmingham and University of Surrey have warned that they were also able to bypass the limit on contactless payment, allowing transactions of any amount. Large unauthorised... read more

Report: Customer experience more important than product for the Future of Banking

30 Sep 21 @ 08:06

A new report by the Economist Intelligence Unit reveals that four in five bankers (81%) believe that financial institutions will seek to differentiate themselves on customer experience rather than on... read more

UK fraud figures make for grim reading – APP fraud scams hit new highs

23 Sep 21 @ 15:08

The latest fraud figures released by UK Finance show the scale of the fraud problem in payments is only growing, despite the efforts of the banking and finance industry. In... read more

BASIS ID unveils Entr, the breakthrough in technology and design to redefine digital KYC and AML service

23 Sep 21 @ 09:35

BASIS ID, an innovative electronic identity verification company, providing KYC and AML solution, along with risk and fraud management services worldwide, is pleased to announce a successful launch of a... read more

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Visa and Fiserv partnership extends API-led acceptance platform

22 Mar 26 @ 18:30

Visa and Fiserv are extending their long-running partnership in Europe with a new API-driven acceptance offering designed to simplify merchant acquiring and mod... more

Mastercard unveils new AI model built for the realities of payments

19 Mar 26 @ 15:00

Mastercard unveils new AI model to push artificial intelligence beyond the chatbot boom and into the operational core of global payments. [caption id="atta... more

Thunes links stablecoin payouts to the Swift banking network

26 Mar 26 @ 19:08

Thunes is attempting to narrow one of the most persistent divides in modern payments: the gap between traditional banking infrastructure and the digital asset e... more