Fraud & Security

06 Jul 15 @ 15:43

Mastercard says it is testing a smartphone app that uses facial biometrics to verify online purchases. Users in the trial can hold their phone up as though taking a selfie to... read more

02 Jul 15 @ 18:24

The humble current account has become the most targeted financial product by fraudsters, due to a loophole in the UK’s seven-day switching service. At least 89 in every 10,000 applications for... read more

02 Jul 15 @ 18:09

The financial services industry must set aside competition and collaborate on biometrics to ensure consistent, easy and convenient services for end users. These are the findings of a survey published... read more

25 Jun 15 @ 10:31

The percentage of fraudulent transactions occurring outside the UK in 2014 on UK debit cards rose 25% in a massive sample of cards studied by analytic software firm FICO. Cross border... read more

24 Jun 15 @ 15:36

A new impact report finds that the use of knowledge-based analytics are on a fast decline, while various forms of behavioural analytics continue to see strong growth. The report, “Digital Channel Fraud... read more

24 Jun 15 @ 13:11

More than 50% (54%) of retailers in Europe and the US still have to consolidate their fraud management solutions across all channels, according to new research conducted by Forrester Consulting... read more

19 Jun 15 @ 15:04

A Russian engineer has made biometrics personal by implanting a contactless transit chip in his hand. The engineer took the chip from his public transit Troika card, wrapped it in... read more

19 Jun 15 @ 15:01

Royal Bank of Scotland (RBS) is pledging to invest another £150 million a year to improve the strength of its IT systems, following the latest breakdown which saw 600,000 transactions... read more

17 Jun 15 @ 10:56

According to a research conducted by Acuity Market Intelligence annual revenues from mobile biometrics embedded in smart mobile devices will spike from $1.6 billion in 2014 to $34.6 billion in... read more

16 Jun 15 @ 17:14

Financial services providers must better prepare for the threat that new technologies pose to their cyber security strategies or risk damaging customer and investor confidence. Cyber-crime within the financial services... read more

16 Jun 15 @ 11:05

It’s all too common for online retailers to avoid encouraging international business out of fear that the pros of a wider market, higher visibility and more sales will be offset... read more

15 Jun 15 @ 12:13

A new mobile identity whitepaper from Telstra reveals the majority of United Kingdom (UK) consumers using mobile banking applications want their mobile devices to instantly recognise them via biometrics, such as fingerprint... read more