Fraud & Security

Showing Latest Fraud & Security

Banque de France successfully pilots post-quantum security technologies

27 Sep 22 @ 16:27

The Banque de France has successfully concluded an experimental project to test the implementation of a communication security solution using so-called “post-quantum” algorithms, that are resistant to the computing power... read more

Banks don’t focus enough on user experience in transaction disputes

27 Sep 22 @ 14:22

Recent work[1] by McKinsey and Company has shown that banks improving their customer experience generate more revenue than their peers. While customer service, especially in the digital channel, has been... read more

Dispute Resolution: Banks are ignoring the customer, and it’s costing them

20 Sep 22 @ 14:33

A new white paper by leading European banking infrastructure provider Nets says banks must do more to make initiating a disputed transaction easier for customers. Failure to do so will... read more

Pan-European payments pilot for EU digital ID wallet

19 Sep 22 @ 11:08

A new multi-country consortium of Europe’s most trusted identity experts has announced its proposal to deliver a large-scale, cross-border payments pilot strongly aligned with the aims of the European Commission’s... read more

CyberloQ launch proprietary Multi-Factored-Authentication technology

13 Sep 22 @ 08:49

CyberloQ has announced a strategic collaboration for its proprietary Multi-Factored-Authentication (MFA) technology with Pannovate’s Banking Orchestration Platform. CyberloQ has created what it believes is the most robust, flexible and dynamic... read more

The Verizon Business 2022 Payment Security Report

08 Sep 22 @ 16:33

For more than a decade, Verizon has documented compliance trends in the evolving payment security industry. The Payment Security Report (PSR) has tracked compliance ups and downs, while keeping a... read more

Report: Majority of countries have experienced increases in fraud losses

07 Sep 22 @ 16:49

The ‘return to normal’ from the pandemic in 2021 was uneven across the continent due to variances in vaccine rollout, resurgence of Covid infections, and policies regarding retail, travel and... read more

UK leads Europe in card fraud loss reduction

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

Online fraud fears grow following ‘cost-of-living crisis’

06 Sep 22 @ 16:00

Nearly half (49%) of UK consumers are more concerned about becoming a victim of fraud now than they were in 2021. That’s according to research released by Paysafe, which indicates... read more

Walmart pursues dismissal of FTC money transfer lawsuit

05 Sep 22 @ 17:25

Early last week, Walmart asked the federal court handling the FTC’s lawsuit into money transfer fraud to dismiss it. Walmart’s brief lays out several reasons why the FTC’s case is... read more

Nordic and Australian banks back digital identity roll outs

02 Sep 22 @ 11:13

Just days after a report showed the publics overwhelming support of the UK’s Digital Identity and Attributes Trust Framework (DIATF), the National Australian Bank and the Findynet Cooperative, which includes... read more

UK public supports government plans to create the UK Digital Identity

30 Aug 22 @ 18:10

A new report has found that the UK public strongly supports government plans to create the UK Digital Identity and Attributes Trust Framework (DIATF), with 87% stating it was a... 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