Fraud & Security

Showing Latest Fraud & Security

Five ways digital payments will change financial services

20 Mar 23 @ 16:38

The last three years have seen considerable change in how the UK financial services sector operates. The expectations of consumers have shifted, prompted by the pandemic and a need for... read more

Mastercard becomes a trusted provider of Digital ID in the UK

17 Mar 23 @ 13:27

Mastercard announced it is now certified under the United Kingdom’s Digital Identity and Attributes Trust Framework (DIATF) as an Digital ID provider. Mastercard can now offer ID, its digital identity... read more

The Future of Identity Report: Convenience without sacrificing security

15 Mar 23 @ 09:45

The Entrust Cybersecurity Institute has surveyed 1,450 global consumers to explore their experiences with passwordless authentication, hybrid identities, and ownership over personally identifiable information. In short, the report, The Future... read more

UK financial services sector spending £22k per hour fighting fraud

06 Mar 23 @ 17:41

UK financial services organisations are collectively spending £34.2 billion each year on financial crime compliance (FCC), according to the latest True Cost of Compliance report from LexisNexis Risk Solutions. This... read more

What effect is inflation having on the payments industry?

24 Feb 23 @ 12:47

Across major economies everywhere, inflation and the current rapid rise in the cost of living is having a profound effect on the way people pay, save and bank, with many... read more

Defining fraud: What to “look forward” to in 2023

22 Feb 23 @ 15:14

Fraud is fluid — it is constantly evolving with new tactics to find cracks in a merchant’s defences. In 2023, there are five trends that merchants need to be aware... read more

Future of Fraud Forecast highlights five fraud threats facing businesses

20 Feb 23 @ 16:38

With fraud expected to surge amid uncertain economic conditions, Experian has released its 2023 Future of Fraud Forecast, which reveals five fraud threats that could prove challenging for consumers and... read more

The security of card payments in a post quantum computers world

17 Feb 23 @ 18:04

Quantum computers have the potential to break cryptographic schemes, such as Rivest–Shamir–Adleman (RSA) and Elliptic Curve Cryptography (ECC); these are used in EMV card payment systems for offline authentication to... read more

Fraud is stable…but the cost keeps rising

16 Feb 23 @ 16:31

Here’s some good news: fraud is going down. Or at least, the number of companies affected by fraud has decreased slightly since 2018, according to a new PwC study. However,... read more

The rise of digital identity wallets: where will banks play

10 Feb 23 @ 11:11

For decades, banks have acted as the trusted custodians of customers’ personal data, with strong Know Your Customer (KYC) procedures, strict regulation, high customer engagement, and best in class security... read more

Four steps to delivering complex digital transformation projects in fast-changing environments

07 Feb 23 @ 14:37

The rate of change in the business world is increasing exponentially. Disruptive companies are upending whole industries by introducing new technologies and business models quickly copied and adopted by their... read more

Feature: The European payments landscape for 2023

06 Feb 23 @ 18:24

Payments Cards & Mobile’s exclusive annual review of European payments data from 33 European countries confirms the growth of online payments versus in-person, as well as the dominance of debit... read more

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ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

European E-commerce Hits €911bn as Payments Reshape Online Retail

21 Sep 26 @ 19:41

European e-commerce has broken through the €900bn barrier, underlining the growing importance of digital retail to the continent's economy while intensifying ... more

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more