Cyber Security

Showing Latest Cyber Security

PSD2 Strong Customer Authentication – What do consumers think?

31 Jan 19 @ 12:04

Payment Service Providers are pushing to implement their PSD2 Strong Customer Authentication (SCA) solutions ready for the September deadline. But of course it’s not just them that will be affected... read more

What is the state of strong authentication in 2019

29 Jan 19 @ 11:43

As data breaches and increasingly sophisticated phishing attacks continue to drive online account compromise and financial loss, organisations are finally stepping up strong authentication and investing in stronger, phishing-resistant forms of authentication.“ The... read more

5 emerging payments technology trends for 2019

22 Jan 19 @ 16:32

It’s that time of year — when the technology news circuit is full of predictions of the next big trends on the horizon and PCM is no different in highlighting... read more

Criminal gangs using FinTech Fuze to store multiple stolen card credentials

14 Jan 19 @ 17:21

The U.S. Secret Service has issued a warning that criminal gangs that deploy stolen credit and debit cards are increasingly hedging their chances of getting caught carrying multiple counterfeit cards... read more

2019 – the 12 biggest threats to payments security

11 Jan 19 @ 16:18

In payments, consumers ask a lot in terms of convenience, speed and, above all, security. This puts the pressure on the industry to offer a pain-free consumer experience that is... read more

Revealed: The biggest data breaches of 2018

17 Dec 18 @ 12:17

With the now well documented upside that is available to hackers, it should come as no surprise that every week a new company has to notify its customers of a... read more

New anti-money laundering platform launched in UK

11 Dec 18 @ 14:59

Pay.UK’s Faster Payments team has announced the official launch of the anti-money laundering Mule Insights Tactical Solution (MITS) following a successful pilot by participants of the UK’s real-time payment service.... read more

London Blue hackers attempt massive fraud against Chief Financial Officers

04 Dec 18 @ 16:33

A hacker group named as “London Blue”,  is reported to have compiled a list of 35,000 chief financial officers, many working at the world’s biggest banks and mortgage companies. The... read more

Payments Predictions: 18 for 2019

04 Dec 18 @ 01:01

Is it too early to be closing off 2018? Possibly or even proabably – but I know you all love a list of payment predictions – so here is the... read more

Mastercard and Microsoft in deal to advance digital identity

03 Dec 18 @ 09:33

Mastercard and Microsoft have announced a strategic collaboration to improve how people manage and use their digital identity. Currently, verifying your identity online is still dependent on physical or digital... read more

21 terrifying cyber crime statistics

26 Nov 18 @ 18:19

Unfortunately, with technology on the rise, there’s more room for cyber crime in 2018. According to the Cyber Security Breaches Survey 2018, 43% of businesses were a victim of a cyber security... read more

How cyber attackers could target the world’s financial markets

20 Nov 18 @ 08:10

The cyber attackers and threats faced by key financial markets across the world have been exposed by a new report published by BAE Systems and SWIFT. The study examines the... read more

Trending

Global Banks set ground rules for Agentic Commerce as Fraud and Liability risks rise

27 Sep 26 @ 18:53

Six major banks have joined forces to establish principles for trusted agentic commerce, warning that the rapid adoption of AI shopping agents could outpace exi... more

Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

UK Banks complete first live transactions using Tokenised Deposits

27 Sep 26 @ 18:52

Seven major UK financial institutions have completed the first live customer transactions using tokenised sterling deposits, marking an important step in Britai... more