Fraud & Security

07 Sep 16 @ 13:44

Disruption, innovation, Uberisation, disintermediation, Fintechisation, regulation… all of these words are nowadays perceived as challenges for the retail banks and their business. Media and experts are fond of predicting that... read more

02 Sep 16 @ 14:47

The move from apps to bots has been hailed as the new paradigm shift and the next big technological disruption. Messenger platforms and chat bots are being seen as the... read more

02 Sep 16 @ 12:30

The role of cyber security due diligence in M&A is a priority. Last year alone, M&A activity reached fever pitch, with the global market valued at over $4 trillion –... read more

01 Sep 16 @ 09:44

High-risk acquiring often means high rewards for acquirers and payment service providers. However, balancing risk with reward in the e-commerce channel can be fraught with hazards for the unwary. The... read more

01 Sep 16 @ 09:31

Chargebacks have been part of card scheme dispute resolution rules for decades and reflect consumer protection regulations in many countries. However they are also the ultimate un-virtuous circle where almost... read more

16 Aug 16 @ 17:13

Sometime it is difficult enough for the industry to keep up with new technology threats and opportunities domestically, let alone regionally or internationally. Given the frenetic pace with which new technology... read more

16 Aug 16 @ 17:07

The use of zero-day exploits and advanced persistent threats to hack into organisations make for great news headlines. However the reality is much more mundane and low-tech. Cybercriminals are continuing to... read more

15 Aug 16 @ 13:13

The PCI Security standards council (PCI SSC) has published an update to its global data security standard. Version 3.2 replaces version 3.1 to address growing threats to customer payment information. “We’ve... read more

11 Aug 16 @ 16:50

Eight of the largest US banks are forming a group to tackle the growing cyber crime threat. The group includes J.P. Morgan Chase, Bank of America and Goldman Sachs, among others.... read more

08 Aug 16 @ 10:06

Researchers speaking at the Black Hat conference in Las Vegas demonstrated how the Chip and PIN system has been exploited to make a cash machine give out money. Small modifications to equipment... read more

05 Aug 16 @ 11:24

FICO reveals the UK saw Europe’s largest annual jump in card fraud losses for 2015. Most of the 18% rise in losses came from online transactions, reflecting the growth in... read more

05 Aug 16 @ 10:05

Following several reports in the media regarding the suspension of international money transfers, the Central bank of Nigeria has advised Nigerians at home and in the Diaspora to beware of... read more