Fraud & Security

Showing Latest Fraud & Security

Modular financial services: The new shape of the industry

21 Jan 16 @ 11:54

Modular financial services, with digital distribution platforms, new product providers, alternative sources of capital and a growth in outsourcing fundamentally reshaping the industry. This is according to Modular Financial Services:... read more

New payment services bring a better customer experience but also the attention of fraudsters

19 Jan 16 @ 11:41

Payment card providers that are battling for market share are introducing new services to defend and expand their client base.  New initiatives by issuers bring a better customer experience.  However,... read more

Hyatt Hotels latest to have payments card data hacked

18 Jan 16 @ 09:44

Hyatt Hotels has become the latest in a growing list of high profile brands to have their payments card data hacked. The company said Wednesday that it is investigating malware... read more

Annual State of Application Security Report

12 Jan 16 @ 15:25

Arxan Technologies have published  its 5th Annual State of Application Security Report. The new research is based on the analysis of 126 popular mobile health and finance apps from the US,... read more

Half of businesses in the US and UK fear payment card data attack

11 Jan 16 @ 12:58

Research from Semafone has revealed that 60% of US and 52% of UK businesses believe a  to be quite likely or very likely. Semafone conducted the survey over the summer of... read more

FI’s exposed to money laundering risk

22 Dec 15 @ 15:47

A new study by LexisNexis Risk Solutions and Association of Certified Anti-Money Laundering Specialists reveals that 37% of financial institutions have increased risk exposure to money laundering. The same source mentions that... read more

British consumers are using online banking – 40% using Smartphones

21 Dec 15 @ 13:50

Research carried out by Callcredit Information Group and YouGov* has revealed that 76% of consumers surveyed are using online banking either very or fairly often and 40% of those using... read more

Millennials putting their personal data at risk

16 Dec 15 @ 16:42

Research carried out by Callcredit Information Group and YouGov* has revealed that 48% of 18-24 year olds would not report an unsuccessful fraud attempt to their bank. More worryingly, 22%... read more

Top 5 Payment Trends for 2016

15 Dec 15 @ 10:53

Mobile Payments 2016 is set to be a defining year for mobile payment providers. It looks as though Apple Pay is planning a major European launch in 2016; an event... read more

Predicting the cyber security future in 2016

10 Dec 15 @ 10:59

When your everyday life is all about information and cyber security, you start to see patterns that may not be so obvious to others. Each year, I take my best... read more

Merchant fraud-to-sales losses up on 2014

26 Nov 15 @ 16:22

Merchants are experiencing an increase in fraud, losing 1.32% of revenue to fraud on average compared to 0.68% in 2014, according to the annual LexisNexis True Cost of Fraud Study.... read more

Hilton admits data breach

25 Nov 15 @ 12:29

In a statement released yesterday, Hilton Hotels confirmed it had been hit by a malware data breach that stole customer payment data at the checkout, becoming the latest hotel chain... read more

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ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

European E-commerce Hits €911bn as Payments Reshape Online Retail

21 Sep 26 @ 19:41

European e-commerce has broken through the €900bn barrier, underlining the growing importance of digital retail to the continent's economy while intensifying ... more

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more