Fraud & Security

07 Nov 16 @ 11:33

US fraud levels are rising across all payment card products, according to First Annapolis’ semi-annual survey of major card issuers, but changes in fraud write-offs vary by product. Survey results1... read more

04 Nov 16 @ 11:46

Most big high street banks are beginning to use biometric authentication to give customers a more convenient way to check their account balance or make payments. However, one big question... read more

03 Nov 16 @ 14:00

Demand for different types of biometric authentication has risen significantly since 2014, with iris scanning moving ahead of fingerprint technology to the top of the 2016 Future Password Index (FPI).... read more

31 Oct 16 @ 09:00

North American regulators have unveiled a new cybersecurity standard to bolster the ability of the country’s largest banks to withstand a major cyberattack, a move aimed at protecting the US... read more

26 Oct 16 @ 09:20

EMVCo has published EMV 3-D Secure Protocol and Core Functions Specification v2.0.0 (EMV 3DS 2.0 Specification). The new specification provides a globally interoperable framework that promotes a consistent consumer experience... read more

25 Oct 16 @ 08:38

Card fraud losses incurred by banks and merchants on all credit, debit, and prepaid general purpose and private label payment cards issued worldwide reached $21.84 billion last year when global... read more

21 Oct 16 @ 11:48

To encourage the continued growth of e-commerce, merchants and issuers around the globe need intelligent tools to distinguish between good and bad transactions, all while minimizing disruption to consumers at... read more

21 Oct 16 @ 11:10

As e-commerce and e-commerce fraud continues to expand, online payment security is a top concern for merchants and consumers, according to a new report from American Express. The 2016 American... read more

20 Oct 16 @ 10:14

Banks in India have been hit by a massive ATM breach and have ask users to either replace or  change the security codes of as many as 3.2 million debit... read more

14 Oct 16 @ 16:51

Financial fraud in H1 2016 increased by a quarter to £399.5 million, enabled by scams and online attacks, new figures published by Financial Fraud Action UK (FFA UK) show. Banks’... read more

12 Oct 16 @ 16:24

A new Trojan dubbed Odinaff has been reported attacking banks and other financial targets worldwide. Odinaff attacks include the manipulation of embattled SWIFT logs and the extensive use of hack... read more

10 Oct 16 @ 13:54

It seems that European payments regulation may be forcing the end of frictionless card payments, by making the cards market take a step backwards. We appear to be moving away from... read more