Fraud & Security

Showing Latest Fraud & Security

Visa announce 3.7 million EMV merchant locations reducing fraud by 87% in US

13 Sep 19 @ 09:43

Visa has recently reported that the number of locations that accept EMV cards in the US has increased from 3.1 million to 3.7 million during H1 2019. In total, some... read more

80% of Canadians count their identity as more valuable than convenience online

13 Sep 19 @ 09:02

Highlighting the differences in regions, a recent study in Canada found that Canadians value their identity highly and want convenience and security when it comes to managing their identity digitally.... read more

Financial threats in H1 2019: Mobile financial attacks rise by 107%

09 Sep 19 @ 14:58

According to a recent report by Kaspersky, the number of mobile financial attacks it detected in the first half of the year rose by 107%, rising to 3,730,378. Analysts at the company... read more

SCA survey: Security vs. convenience in the payment experience

05 Sep 19 @ 13:58

With Strong Customer Authentication (SCA) coming into force on 14 September 2019 as the final part of PSD2, many online businesses are required to add additional security measures to large... read more

Infograph: Top cybercrime facts and the dark web

21 Aug 19 @ 15:53

Cybercrime grows in the anonymised depths of the dark web – underground websites where the criminally minded can meet to traffic illegal products and services, develop contacts for jobs and... read more

Mobile: The centre of the fraud prevention universe

16 Aug 19 @ 09:55

The bad guys are winning. This is the sentiment of many financial institution (FI) and merchant fraud mitigation executives, who are finding it increasingly difficult to keep pace with the... read more

Australian Payments Network shows decline in payment card fraud

13 Aug 19 @ 16:08

Figures recently released by the Australian Payments Network (AusPayNet), the payments industry self-regulatory body, show the rate of card fraud for the 12 months to 31 December was 72.8 cents... read more

Banking on Risk Intelligence: Protecting the digital vault from cybercrime

13 Aug 19 @ 11:47

There’s no such thing as one size fits all when it comes to the intelligence needed to uncover, specify, and prevent cyberthreats. Each industry faces unique challenges and vulnerabilities as... read more

Mobile fraud: More than 50% of high risk transactions originating from mobile

08 Aug 19 @ 15:40

Mobile fraud from mobile devices has rapidly evolved over the past several years. From this small, handheld device, your customers can request a ride, book a babysitter, conduct a video... read more

UK’s FCA agrees to postpone SCA rules as 25% of e-commerce transactions threatened

07 Aug 19 @ 11:49

After intense lobbying from cross industry parties throughout Europe, the UK’s Financial Conduct Authority has agreed to delay EU mandated SCA payments regulations by more than 18 months, after warnings... read more

Contactless card vulnerability can bypass contactless limits

01 Aug 19 @ 10:01

Researchers have discovered flaws that allow hackers to bypass the payment limits on Visa contactless cards, according to a blog by Positive Technologies. Researchers Leigh-Anne Galloway and Tim Yunusov tested... read more

EMEA Cybercrime Report – Q1 2019

29 Jul 19 @ 10:42

The EMEA region is a patchwork quilt of cultures and languages, defined as much by its diversity as by the commonalities shared by geographical proximity. These unique factors create a... 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