Fraud & Security

Showing Latest Fraud & Security

Hacker advice: Stop trying to keep me out – focus on the data

19 Oct 21 @ 12:39

For more than 20 years, businesses around the world have been hiring hackers. They want us to find exploitable loopholes in their “armour” and break in as far as we... read more

KYC and what it means for FinTechs in Ireland

19 Oct 21 @ 11:28

According to The FinTech Times, the number of FinTechs incorporated in Ireland grew by 30% over the last two years, fuelled by Brexit and Ireland’s growing reputation as a financial... read more

PCM Feature: Is there too much investment in payments?

13 Oct 21 @ 17:02

For more than a decade, the shift to e-commerce and mobile has brought huge amounts of investment into payments. As further fresh investment rounds are announced, PCM asks whether a... read more

UK researchers find hacking flaw in Apple Pay with Visa cards

01 Oct 21 @ 08:37

Researchers from the University of Birmingham and University of Surrey have warned that they were also able to bypass the limit on contactless payment, allowing transactions of any amount. Large unauthorised... read more

Report: Customer experience more important than product for the Future of Banking

30 Sep 21 @ 08:06

A new report by the Economist Intelligence Unit reveals that four in five bankers (81%) believe that financial institutions will seek to differentiate themselves on customer experience rather than on... read more

Featurespace technology safeguards the processing of 50 billion events globally

29 Sep 21 @ 09:07

Featurespace is experiencing record international growth as the business continues to provide real time fraud prevention in the era of increased online banking and digital payments. So far this year,... read more

What is Decoupled Authentication and when is it used?

27 Sep 21 @ 08:28

Decoupled Authentication provides a convenient way to get SCA approval with minimum effort by the merchant or the cardholder. Many use cases benefit from higher approval rate and fraud protection.... read more

UK fraud figures make for grim reading – APP fraud scams hit new highs

23 Sep 21 @ 15:08

The latest fraud figures released by UK Finance show the scale of the fraud problem in payments is only growing, despite the efforts of the banking and finance industry. In... read more

BASIS ID unveils Entr, the breakthrough in technology and design to redefine digital KYC and AML service

23 Sep 21 @ 09:35

BASIS ID, an innovative electronic identity verification company, providing KYC and AML solution, along with risk and fraud management services worldwide, is pleased to announce a successful launch of a... read more

North Americans lose $500 million to Covid fraud – Just the beginning…?

20 Sep 21 @ 16:47

Americans have lost nearly $500 million to Covid-related scams since the start of the pandemic, according to Federal Trade Commission data running from April 2020 to mid-July this year. Around... read more

Regulators with teeth: SEC whistle blower payouts top $1 billion

16 Sep 21 @ 09:12

OK. Bear with me a second on this, its not strictly a payments piece, but you should see my point by the end. The Securities and Exchange Commission (SEC) says... read more

Fraud Report: The top 6 fraud trends in 2021

16 Sep 21 @ 08:40

As we move further into 2021, it’s clear that fraudsters have largely honed in one particular area of attack: digital accounts. This is not surprising, as the transformation taking place... 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