Fraud & Security

06 Aug 18 @ 13:08

Markets across Europe have made significant gains in the fight against card fraud, specifically in France and the UK, which achieved 6% and 8% reductions. Despite this, losses across the... read more

02 Aug 18 @ 14:04

The news today is full of stories about financial damage caused by the dark web, cyber crime and hacker attacks against organisations, or about hundreds of thousands of user accounts... read more

01 Aug 18 @ 08:53

In June 2018, Indian police in Mumbai, the countries financial capital, broke the back of a card fraud and cloning racket that involved waiters at bars and restaurants across the city... read more

01 Aug 18 @ 08:36

As reported earlier by PCM, Biometric payments are poised for significant growth, but substantial consumer security concerns could put its future at risk according to a new report from Transaction... read more

27 Jul 18 @ 11:19

An Android banking Trojan source code, named Exobot, has been released online, causing the malware to circulate widely on the dark web. Called Exobot, the malware targets Android users via malicious... read more

27 Jul 18 @ 10:41

By 2020, nearly all smart devices including mobile phones, tablets and wearables will have some form of biometrics security enablement. By the same time, personal banking through mobile apps will... read more

26 Jul 18 @ 11:54

A Chinese hacking and cybercrime group nicknamed “Red Apollo” last year launched one of the largest ever sustained global cyber espionage campaigns. Rather than attacking companies directly, it targeted cloud... read more

25 Jul 18 @ 15:03

The UK Police force in Surrey has become the first UK force to seize and convert bitcoin as part of a criminal probe, netting £1.25m worth of the cryptocurrency, some... read more

13 Jul 18 @ 10:27

With new EU regulations coming into place next September, Mastercard is predicting a significant increase in the use of biometric technology to authenticate who is paying. With regards to card... read more

04 Jul 18 @ 17:25

Clearing up the mess left behind by fraudsters is a serious challenge and sees financial institutions having to absorb the monetary and logistical damage of card payment fraud daily. Meanwhile,... read more

26 Jun 18 @ 10:56

In today’s on-demand world, we expect to be able to spend, move and receive money instantly. For this reason, real-time payments (RTP), also known as ‘faster payments’ or ‘instant payments’,... read more

25 Jun 18 @ 15:37

The results of a new survey has been released from group of payment networks and card issuers lobbying  against merchants in which the key findings are that merchants should “step... read more