Fraud & Security

10 Nov 22 @ 17:00

US banks have reported they have collectively made more than $1 billion in ransomware-related payments in 2021 — more than double the amount from the previous year and the most... read more

07 Nov 22 @ 18:02

The FIDO Alliance published its second annual Online Authentication Barometer, which gathers insights into the state of online authentication in 10 countries across the globe. New to the Barometer this... read more

07 Nov 22 @ 10:37

2022 has witnessed biometric payment card adoption reach new heights. Multiple recent launches in the Middle East highlight the technology’s global interest, but what external factors are accountable for this... read more

01 Nov 22 @ 15:00

A new study from leading banking and payments infrastructure specialists Tietoevry Banking reveals that almost three-quarters (73.2%) of European banks intend to outsource parts of their payments infrastructure over the... read more

01 Nov 22 @ 14:17

New research shows that only a third of UK consumers trust Buy Now Pay Later (BNPL) services to protect their data having suffered BNPL fraud. The UK study, by Callsign,... read more

30 Oct 22 @ 14:30

To match the speed of instant payments and their increasing adoption throughout Europe, fraud prevention and detection tools not only have to be fast but should also be able to... read more

24 Oct 22 @ 20:02

PayPal says that it is introducing support for passkey, providing what it says will be an easier and more secure login method for PayPal accounts. Passkeys are an industry standard developed... read more

13 Oct 22 @ 11:19

UK Finance has released its latest fraud report covering H1 2022. The report shows that while the end of the pandemic has seen a fall in overall fraud losses, some... read more

13 Oct 22 @ 10:34

A dark web marketplace named BidenCash has released a massive file of 1.2 million credit cards data to promote the marketplace, allowing anyone to download them for free to conduct... read more

12 Oct 22 @ 16:53

A new study has found that the total cost of e-commerce fraud to merchants will exceed $48 billion globally in 2023, from just over $41 billion in 2022. It predicts... read more

12 Oct 22 @ 08:13

In Q1 2021, Mastercard saw 1 billion more contactless transactions compared to the same period in 2020, and in Q2 2021, 45% of all in-person checkout transactions globally were contactless.... read more

10 Oct 22 @ 12:28

Over the weekend, Binance, the world’s biggest crypto exchange suffered a cyber hack that has culminated in a estimated loss of around $570 million and further damages the struggling digital... read more