Fraud & Security

13 Apr 16 @ 11:09

Symantec has released its 2016 Internet Security Threat Report in which it suggests more than 500 million digital identities were stolen or exposed in 2015. In addition, it said, fake... read more

12 Apr 16 @ 13:40

Interactions has released its latest Retail Perceptions report, “Security Hacks and the Lasting Impact on Retailers.” The study found that 64% of shoppers have accepted security breaches to be part of the shopping process... read more

11 Apr 16 @ 14:27

The number of ATM compromises in the US  by criminals rose 546% in 2015 over 2014, analytic software firm FICO reports. The number of ATM compromises in 2015 was the highest... read more

23 Mar 16 @ 14:24

American Express is reported to be investigating a potential data breach by a merchant in California. Apparently, the merchant was compromised, leading to the possible exposure of account numbers, names, expiration... read more

21 Mar 16 @ 12:51

Statistics by Financial Fraud Action (FFA) UK show fraud losses on UK payment cards totalled £567.5 million in 2015, representing an 18% increase from £479 million one year before. Significantly,  total... read more

21 Mar 16 @ 12:25

A newly discovered Russian hacker group known as Buhtrap has attacked 13 Russian banks since August 2015, using malware that infiltrates their gateway to the central bank, according to Moscow-based... read more

16 Mar 16 @ 12:30

The results of new research in the UK have revealed that 88% of Britons see cybercrime as now being as big a threat as offline crime, whilst 76% of people... read more

04 Mar 16 @ 16:47

In a recent First Annapolis study of financial institution fraud experience in the US, participants reported average fraud losses (net fraud) in the first half of 2015 of 13.1 bps... read more

03 Mar 16 @ 15:40

Google has launched a new app called Hands Free that doesn’t require you to take your phone out of your pocket and uses face biomerics. The new system is available on... read more

02 Mar 16 @ 15:15

Payments Cards and Mobile interviewed Ajay Bhalla of MasterCard to understand what is hot in the world of biometric payments including selfie pay and securing the further digitisation of payments.

02 Mar 16 @ 15:09

According to payments networks Visa and MasterCard, consumers are getting much more comfortable with biometric payments. Research from the fourth annual MasterCard Mobile Payments Study finds cardholders increasingly are asking for... read more

02 Mar 16 @ 13:38

Nearly half a year since the EMV liability shift in the US, consumers have been through several statement cycles, and the acquiring industry should be able to get an early read on... read more