Fraud & Security

05 May 21 @ 17:48

As we know, when the world went into pandemic lockdown in 2020, consumers shifted their spending habits to embrace contactless and digital payments and online shopping. As stores closed and... read more

04 May 21 @ 09:35

A wide range of factors are converging to make Know Your Business (KYB) a major pain point for financial institutions (FIs) in the years ahead. Banks and other FIs must... read more

30 Apr 21 @ 12:23

As part of its strategy for addressing fraud risks in the context of the Single Euro Payments Area (SEPA) payment schemes the European Payments Council (EPC), has elected to develop... read more

30 Apr 21 @ 11:06

The internet has changed the shape of how we live our modern lives and is an incredible thing, and something that continues to develop and improve year on year. But... read more

27 Apr 21 @ 13:03

A new study has found that the value of losses due to e-commerce fraud will rise this year, from $17.5 billion in 2020 to over $20 billion by 2021; a... read more

19 Apr 21 @ 17:10

The latest Internet Security Report reveals that fileless malware and cryptominer attack rates grew by nearly 900% and 25% respectively, while unique ransomware payloads plummeted by 48% in 2020 compared... read more

19 Apr 21 @ 14:08

Europe’s banks are undergoing one of the greatest periods of transformation in their 800-year history. Banking models that prioritised delivery through branch networks are disappearing, replaced by digital as mobile... read more

13 Apr 21 @ 16:53

The modern bank heist has escalated to a hostage situation over the past year. The new goal of attackers is now to hijack a financial institution’s digital infrastructure and to... read more

13 Apr 21 @ 16:30

Virtual, underground marketplaces operating on the Dark Web generate billions of dollars worth of illegal business – from selling drugs to stolen credit card data, to intellectual property and more.... read more

01 Apr 21 @ 10:48

The 2021 Identity Fraud Study reveals a daunting new threat to consumers and businesses: identity fraud scams. While total combined fraud losses climbed to $56 billion in 2020, identity fraud... read more

26 Mar 21 @ 15:09

The increased availability of computer power coupled with readily available state-of-the-art open-source algorithms has made it possible to automate complex tasks. This trend, of applying advanced technologies, including AI and... read more

26 Mar 21 @ 10:53

As Editors of a payments and fintech publication, we’re often told technology is the answer to most things – if not everything. It’s refreshing, then, to read a study which... read more