Fraud & Security

05 Oct 16 @ 13:21

The European roll out of Identity Check Mobile, a new biometric payment technology application that uses biometrics like fingerprints or facial recognition to verify a cardholder’s identity, simplifying online shopping.... read more

30 Sep 16 @ 11:52

Kaspersky Lab says that its experts investigated how cybercriminals could exploit new biometric ATM authentication technologies planned by banks. While many financial organizations consider biometric-based solutions to be one of... read more

29 Sep 16 @ 13:22

Europol has warned that they believe criminals are using Android phones to trigger fraudulent NFC tap-and-go payments. The alert comes in Europol’s annual 2016-internet-organized-crime-threat-assessment. Experts had previously said that the... read more

29 Sep 16 @ 13:06

Europol has issued a warning regarding the cybercrime threat landscape, particularly threats emanating from the so-called “Darknet.” The “2016-internet-organized-crime-threat-assessment” report, outlines the biggest threats online. The annual report concluded that... read more

26 Sep 16 @ 13:36

Which? has made the first Super Complaint to the Payments Systems Regulator (PSR ) calling on them to ensure banks better protect victims of fraud. Which? says that protections have... read more

23 Sep 16 @ 12:08

Recent industry news has brought to light the issue of contactless card fraud relating. Contactless cards are increasingly popular in the UK, with the value of contactless purchases increasing by... read more

22 Sep 16 @ 11:48

In the coming months, there are stong warnings that cybercrime and money laundering in online games – such as World of Warcraft – will be a growing concern. As regulators... read more

20 Sep 16 @ 16:03

More than 1 million incidents of financial fraud occurred in the first six months of 2016, according to official figures released by Financial Fraud Action UK (FFA UK). Representing a... read more

19 Sep 16 @ 09:49

The UK is placing its trust in banks over government agencies to protect their biometric data such as fingerprints and iris scans, according to new research from Visa. Consumers are... read more

12 Sep 16 @ 15:51

Industry experts have been sounding the death knell for passwords for some time. Speaking in 2004, Bill Gates claimed the password could not meet the challenge of keeping information secure,... read more

12 Sep 16 @ 12:55

In the past, hackers have most often gone after specific merchants when seeking cardholder information. Recent malware attacks on point-of-sale (POS) vendors, however, may signal a drastic shift in how... read more

09 Sep 16 @ 09:56

On the 25 June 2015, a new package of EU Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) legislation came into effect with the adoption of the Fourth Money Laundering Directive... read more