Fraud & Security

Showing Latest Fraud & Security

Cyberattackers use Hidden Tunnels to spy on and steal financial data

22 Jun 18 @ 11:05

Vectra has released in-depth analysis that many global financial services organisations are targeted by sophisticated cyberattackers exhibiting the same attacker behaviours that Led to the 2017 Equifax Breach. As part of key findings in... read more

PayPal continues spending spree on Simility

22 Jun 18 @ 09:58

Having splashed out $2.2 billion on iZettle, PayPal is continuing its spending spree on new technology with the acquisition of Simility, a fraud prevention and risk management platform, for a purchase... read more

How real-time payments have changed the face of fraud

18 Jun 18 @ 13:47

Global adoption of real-time payments systems has soared in recent years, enabling consumers to transfer money between accounts instantly, but also irrevocably. In November 2017 the Eurozone launched its cross-border,... read more

Delivering Strong Customer Authentication to support PSD2 Compliance

15 Jun 18 @ 10:32

A new Whitepaper states that the EU Payment Services Directive (PSD2) will undoubtedly facilitate innovation, competition, and efficiency among banks and other payment institutions, especially around Strong Customer Authentication. While... read more

Mobile Payments & Fraud Survey 2018

15 Jun 18 @ 10:12

The sixth annual Mobile Payments & Fraud Survey (MPFS), which measures the state of mobile payments and mobile channel fraud from each prior survey year has been released. In surveying... read more

Dark Web: $1.1 billion cryptocurrency thefts during past six months

12 Jun 18 @ 13:23

Cryptocurrency. A decade ago, names such as Bitcoin, Dash, Ethereum, and Monero were merely buzzwords. Fast forward to today, and they’ve become as recognisable as the US dollar and the... read more

Data Threat Report – Trends in Encryption and Data Security

11 Jun 18 @ 12:24

In Europe, as in the rest of the world, reports of major security breaches continue unabated, despite global efforts to fight back with increased IT security spending – according to... read more

Cryptocurrencies take a major fall in light of US futures investigation

11 Jun 18 @ 10:13

Cryptocurrencies have slid to a two-month low following reports that US regulators had asked cryptocurrency exchanges to provide trading data for a probe into whether possible manipulation was affecting the... read more

Biometrics for payments: what are the key trends?

07 Jun 18 @ 11:04

Isabelle Moeller, Chief Executive of the Biometrics Institute, gives her views on the key market trends in biometrics including border management and financial services.

Mastercard launch services to facilitate interactions between banks and third parties in Open Banking environment

05 Jun 18 @ 18:53

Mastercard says it has developed a new suite of services to underpin Open Banking transformations taking place in the industry as partners ready themselves to take advantage of Europe’s PSD2... read more

68% of EU and US Cryptocurrency exchanges and wallets fail to conduct proper identity checks

05 Jun 18 @ 09:30

Analyst house P.A.ID Strategies announces the results of research into the onboarding practices of cryptocurrency wallets and exchanges. The research, commissioned by Mitek, a global leader in digital identity verification... read more

Open Banking requires ‘Open Payments’ platforms to meet needs of connected customers

04 Jun 18 @ 12:38

A report published today by payments processor RS2 warns that the payment industry must consolidate omni-channel payments, card payments, and direct-from-bank Open Banking payments into new ‘Open Payments’ platforms to... 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