Fraud & Security

Showing Latest Fraud & Security

US Justice Department launch criminal probe into Bitcoin price manipulation

30 May 18 @ 16:40

The US Justice Department is reported to have opened a criminal probe into whether traders are manipulating the price of Bitcoin and other cryptocurrencies, dramatically ratcheting up US scrutiny of... read more

The Internet Security Threat Report 2018

30 May 18 @ 13:35

The Internet Security Threat Report notes that from the sudden spread of WannaCry and Petya/NotPetya, to the swift growth in coinminers, 2017 provided us with another reminder that digital security... read more

Fraud wars: how can biometrics help win the card fraud battle?

25 May 18 @ 13:57

Fraud and fighting fraudsters is a complex and ever-evolving challenge. As consumers change the way they pay, fraudsters change the way they steal. For banks to keep up, these new... read more

How is the on-demand economy impacted by fraud?

24 May 18 @ 17:31

The term on-demand refers to the way in which a good or service is sold as opposed to what is sold. The primary characteristic of on-demand is that the customer... read more

The Chargeback Triangle – what happens when transactions go wrong?

24 May 18 @ 12:45

Chargebacks were a $31 billion problem in 2017 — a burden that extends far beyond the liability for disputed transactions. Complying with complex and arcane rules that vary across networks... read more

Smart Payments Association position on the RTS on SCA

23 May 18 @ 16:46

On 13 March 2018, the regulatory technical standard (RTS) on strong customer authentication (SCA) was finally published in the Official Journal of the European Union – some twenty months after... read more

OSPT Alliance launches CIPURSE training program with FIME

23 May 18 @ 09:03

Global technical association, OSPT Alliance has collaborated with FIME to develop and launch a technical training program. It will educate security, ID, payment, access control and transport players on the... read more

Cloud scalability seduces the financial sector – but there are challenges

21 May 18 @ 20:58

The financial sector, while forging ahead in other areas of digital transformation, has been relatively slow to adopt the cloud and there has been good reason for it: banks have... read more

Windows 10 ATM Migration – ATMs set for another countdown shakeup

21 May 18 @ 16:46

A few  years ago, most banks and ATM network operators were breathing a sigh of relief as they completed their final ATM migration upgrade to Windows 7. Although ATM migration... read more

Digital transactions in Europe bombarded with a 30% increase in cyberattacks

18 May 18 @ 09:43

ThreatMetrix has announced new data revealing a 30% year-on-year increase in the volume of cyberattacks hitting Europe in the first quarter of 2018. The ThreatMetrix Q1 2018 Cybercrime Report: Europe Deep-Dive reveals evolving... read more

The evolution of online scams: 21 game-changing cyber crimes infograph

16 May 18 @ 13:30

With recent questions over cyber security, cyber crimes and the security of online personal data, many people are becoming wary of how their online presence can endanger their finances, and... read more

The Challenge for Retailers – Building an Open Payment Platform

11 May 18 @ 16:45

In the last decade, contactless technologies, the mobile Internet and constantly connected mobile devices have significantly changed the way consumers consider their shopping experience. Consumers are also looking for seamless... 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