Fraud & Security

Showing Latest Fraud & Security

Concerns continue amid US EMV liability shift

12 Oct 15 @ 07:21

Policy makers in the US voiced concerns at a meeting last week that credit card networks and issuers have failed to effectively explain the implications of the Oct. 1 EMV liability shift... read more

Thwarting advanced threats with trusted crypto – White Paper

09 Oct 15 @ 12:19

The dangers posed by advanced targeted attacks are real. Enterprises have come up against the limitations of approaches such as intrusion detection and signature-based malware detection. One promising avenue to... read more

Cyber attacks: A Cloud Security Report

09 Oct 15 @ 10:26

Cyber attacks are on the rise. Companies both large and small are targeted daily by hackers seeking valuable data to monetize in the cyber underground. Recent reports show that 87% of... read more

Samsung Pay on defensive after mobile payments hack

08 Oct 15 @ 09:44

Samsung has been forced to defend Samsung Pay users – its new mobile payment system – after a hacking attack on the subsidiary that built its technology. In a statement that followed a New York... read more

MasterCard Identity Check

07 Oct 15 @ 13:01

MasterCard has introduced MasterCard Identity Check, a suite of technology solutions that leverage advanced technologies to prove a consumer’s identity and further simplify the online shopping experience. Existing methods to prove... read more

The future is biometric, but privacy fears must be confronted

07 Oct 15 @ 09:38

Over the summer, Mobey Forum’s Biometric and Security Workgroup, set up to explore opportunities and use cases for biometric authentication in mobile money, met with The Biometric Institute and the... read more

Stepping up the fight against fraud

05 Oct 15 @ 15:46

The UK financial services industry was responsible for stopping a total of £910 million worth of attempted card, cheque and online and telephone banking fraud in the first half of 2015,... read more

BNP Paribas trails dynamic CVV card codes

02 Oct 15 @ 12:54

BNP Paribas is set to pilot Oberthur’s OT Motion Code technology, replacing the three-figure CVV code on the rear of a card with a dynamic CVV small screen display that automatically... read more

Cyber security: breach, breach, breach

02 Oct 15 @ 12:44

In the past 24 hours there have been three more cyber security incidents in the industry, highlighting once again the dangers of complacency in the industry. Here is a blow... read more

US EMV migration will take years

01 Oct 15 @ 14:54

Its October the 1st. The deadline for US merchants to accept secure chip-enabled credit and debit cards,the US EMV migration, may take years for the conversion to be fully implemented. “Realistically,... read more

UK is number 1 target for global cybercrime

21 Sep 15 @ 16:50

Cybercriminals are attacking the UK more than any other country making it the number 1 target for global cybercrime. One of the most interesting cybercrime trends in Q2 was the UK’s emergence... read more

US banks certified for class action over Target data breach

16 Sep 15 @ 19:10

The class action against Target brought by several banks over the retailer’s massive data breach in 2013 has been certified by a US judge. District Judge Paul Magnuson said the banks could pursue their... 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