Fraud & Security

Showing Latest Fraud & Security

Banks adopting biometrics against fraud

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

Two-thirds of retailers feel they lack tools to tackle omni-channel fraud

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

Russian man gets personal with biometrics

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

RBS to boost IT spend after latest failure

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

Mobile biometrics market to reach $35 billion

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

Top 8 future cyber security threats to the financial services sector

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

Most dangerous countries for e-commerce fraud

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

One in four UK consumers would share their DNA with their bank to secure financial information

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

Criminals receive 1,425% ROI from Cybercrime

12 Jun 15 @ 15:47

Trustwave has released the 2015 Trustwave Global Security Report which reveals the top cybercrime, data breach and security threat trends from 2014. The report discloses how much criminals can profit from malware attacks,... read more

Banks lose out as half of online banking applications fail

12 Jun 15 @ 13:06

Jumio has launched new research that benchmarks high street banks in their approach to digital account opening. The research report is based on interviews with eight leading high street banks which analyse... read more

US EMV migration – Three lessons from Canada

10 Jun 15 @ 12:11

At the risk of sounding like the new Weather Channel website, can we learn anything about EMV migration from Canada? After all, they have already upgraded or replaced more than 60,000... read more

Identity fraud up by 27% in first quarter of 2015

27 May 15 @ 13:12

New data shows that identity fraud was the dominant fraud threat in the first quarter of 2015. 34,151 confirmed instances of identity fraud were recorded in the first quarter of... 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