Fraud & Security

Showing Latest Fraud & Security

Payments Predictions: 18 for 2019

04 Dec 18 @ 01:01

Is it too early to be closing off 2018? Possibly or even proabably – but I know you all love a list of payment predictions – so here is the... read more

Mastercard and Microsoft in deal to advance digital identity

03 Dec 18 @ 09:33

Mastercard and Microsoft have announced a strategic collaboration to improve how people manage and use their digital identity. Currently, verifying your identity online is still dependent on physical or digital... read more

Resurs Bank roll-out electronic ID for signing digital credit agreements

28 Nov 18 @ 09:57

Resurs Bank has signed a deal with electronic ID supplier Signicat to provide instant mobile signing of credit agreements. Resurs Bank is the leader in retail finance in the Nordic... read more

Understanding the power of deep learning: A look at how this technology works

27 Nov 18 @ 16:48

Deep learning is a concept that most people know is valuable but do not understand. Global industries, however, are seeing it’s worth and investing heavily in the technology; the global... read more

21 terrifying cyber crime statistics

26 Nov 18 @ 18:19

Unfortunately, with technology on the rise, there’s more room for cyber crime in 2018. According to the Cyber Security Breaches Survey 2018, 43% of businesses were a victim of a cyber security... read more

Base of IoT devices to hit 75 billion – TEE spec adoption to reach 10 billion

21 Nov 18 @ 09:33

GlobalPlatform, the standard for secure digital services and devices, has reported a 25% increase in the number of Trusted Execution Environment (TEE)-enabled processors being shipped quarterly, year-on-year. At this rate,... read more

How cyber attackers could target the world’s financial markets

20 Nov 18 @ 08:10

The cyber attackers and threats faced by key financial markets across the world have been exposed by a new report published by BAE Systems and SWIFT. The study examines the... read more

FinTech M&A: How its shaping the financial future

19 Nov 18 @ 16:26

FinTech M&A is at record levels. The competition is fierce as incumbents battle to stay ahead of the curve as the financial services sector is undergoes a technology-driven metamorphosis. Highly-publicised... read more

ATM hacking report: Scenarios from 2018 ATM hacks

19 Nov 18 @ 13:22

In January 2018, the US Secret Service, as well as major ATM vendors Diebold Nixdorf and NCR, issued urgent warnings about the threat of ATM hacking and attacks. These warnings were notable because of... read more

US EMV migration fails to halt rampant payment card fraud

12 Nov 18 @ 12:42

In 2015, the US financial industry began a massive migration to the EMV standard in response to overwhelming levels of payment card fraud. The inherent security of EMV technology in... read more

Fake mobile banking app on Google Play used in SMiShing scheme

08 Nov 18 @ 13:05

Banks are offering more features and upgrades for their mobile banking apps, and thanks to their convenience more users are adopting mobile banking services around the world. But as new financial technology... read more

HSBC (Hacker Security Breach Confirmed) admits hackers gained access

06 Nov 18 @ 22:21

HSBC has been forced to accept that hackers have made off with personal details of thousands of its online-banking customers. The bank suffered a serious data breach in it’s US... read more

Trending

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