Fraud & Security

10 May 18 @ 15:49

On June 30th 2018, new Payment Card Industry Data Security Standard requirements (PCI-DSS)  go into effect. This means that payment card acquirers, processors, gateways and services providers worldwide are working to implement... read more

08 May 18 @ 09:33

International efforts to combat money laundering – which latterly have been closely connected with frustrating tax evasion and aggressive tax avoidance – and to staunch the supply of money to... read more

04 May 18 @ 10:52

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

04 May 18 @ 09:00

In a week that saw the Australian banking industry under scrutiny, Danske Bank has also been extensively criticised and reprimanded by Danish regulators over weak or non-existent money-laundering controls that... read more

01 May 18 @ 09:56

The Financial Application Vulnerabilities Report, announces the findings of an annual report on the state of e-banking security by Positive Technologies. The report is drawn from audits performed by the company, finds that... read more

27 Apr 18 @ 10:05

European legislation called the General Data Protection Regulation (GDPR) is set to apply as of 25th of May 2018. It will definitely change how personal data are being processed in... read more

26 Apr 18 @ 08:52

Recent reports manifests how “smart” technology, such as voice-enabled digital devices and virtual assistants, could be shockingly blind to security threats. As per reports, researchers discovered a flaw in Amazon’s Alexa virtual assistant that enabled... read more

20 Apr 18 @ 09:40

The major payment networks Visa, Mastercard and American Express say they are preparing for a better online payments experience by backing the EMVCo Secure Remote Commerce specification (SRC). The specification, announced... read more

20 Apr 18 @ 09:25

Despite well-reported reductions in the use of cash across the country, new research from international legal practice, Osborne Clarke, reveals that UK consumers are now more concerned than they were... read more

19 Apr 18 @ 15:05

Cifas, the UK’s leading fraud prevention service, has released a new report identifying and detailing the fraud trends, like identity fraud, from over 300,000 cases of fraudulent conduct recorded in 2017.... read more

19 Apr 18 @ 11:50

Verifone says it has implemented AES DUKPT with its end-to-end encryption solution, VeriShield Total Protect, its Engage family of payment devices, and Carbon 8 & 10. Co-designed by Verifone, AES DUKPT is a new security key... read more

17 Apr 18 @ 16:02

E-commerce fraud is on the rise. While digitalisation has streamlined processes, consolidated data and vastly improved the efficiency of administration, it’s as much a blessing as a curse. When it... read more