Fraud & Security

16 Apr 18 @ 10:43

The 2018 AFP Payments Fraud Survey, underwritten by J.P. Morgan, revealed that payments fraud reached a new high in 2017 after a downswing earlier in the decade. A record 78% of... read more

13 Apr 18 @ 09:44

Acquiring gambling merchants is high risk. Or at least this always used to be the case. But in a regulated industry quick to adopt new technology, where the house always... read more

12 Apr 18 @ 10:58

Cards and card payment at the point of sale and online showed solid growth rates in most European countries in 2017. This was supported by the rollout of contactless technologies,... read more

12 Apr 18 @ 10:33

The Internet of Things (IoT) is sometimes also known as the internet of insecure things. Or the internet of other people’s things. So much so 90% of consumers lack confidence... read more

10 Apr 18 @ 10:53

Delta and Sears have revealed within hours of each other that a data breach may have leaked the credit card information of hundreds of thousands of customers, as first reported... read more

09 Apr 18 @ 14:34

Crypto Aware has found that over $1.7 billion-worth of cryptocurrencies were lost to hacks and scams between 2011 and 2018. $670 million-worth of which were lost over the last three months.... read more

09 Apr 18 @ 14:21

The overall idea behind PSD2 open banking is not new, Yodlee and others have for a while aggregate accounts, and they have done this through a process known as screen... read more

28 Mar 18 @ 10:14

Poor password management – including the continued reliance on default, stolen, weak and non-unique passwords – is a key factor in more than 80% of hack-driven breaches, according to Verizon’s... read more

27 Mar 18 @ 10:54

Spanish police have arrested a Ukrainian national they suspect is the head of the infamous Carbanak cyber crime gang that stole more than €1bn from 100 financial institutions, often by... read more

26 Mar 18 @ 12:37

On April 15, 2018, Visa’s new rules on chargebacks, called Visa Claims Resolution or VCR will come into effect. This new program has already gone live in Hong Kong and... read more

16 Mar 18 @ 16:13

In the 1982 sci-fi movie Blade Runner, Harrison Ford played Deckard, an ex-detective tasked to track down replicants — robots who were so lifelike that it was almost impossible to tell man from... read more

15 Mar 18 @ 20:21

Transaction laundering has quickly evolved into one of the payment industry’s most prominent and most difficult problems. Transaction laundering — also previously known as “undisclosed aggregation” or “factoring” — occurs... read more