Fraud & Security

Showing Latest Fraud & Security

Report: Underscoring the importance of cybersecurity amid shifting fraud threats

07 Oct 22 @ 09:17

Visa has shared an updated look at how fraud has evolved since the height of the pandemic, with criminals simultaneously targeting online and offline vulnerabilities as our daily lives return... read more

Mobile transaction security is failing – here’s how to fix it

29 Sep 22 @ 11:43

In a new white paper, digital transaction security specialists CyberloQ argue current paradigms for securing mobile transactions don’t work. Failsafe authentication, including laser-focused geolocation technologies, are a must if we’re... read more

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

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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