Fraud & Security

20 May 15 @ 16:36

France’s Banque Populaire and Caisse d’Epargne (BPCE) are piloting a payment card that replaces the three-figure CVV code on the rear of the card with a small screen display that... read more

19 May 15 @ 13:45

Global digital security specialist Gemalto has been selected by BancNet of the Philippines to secure its mobile banking services. BancNet’s network consists of 116 local and international banks, serving over... read more

14 May 15 @ 15:32

Iris-scanning technology promises to kill the password with the launch of a new smartphone that looks into users’ eyes to unlock it. The new smartphone made by Fujitsu and sold... read more

13 May 15 @ 12:06

News has reached us that credit card hackers are targeting Starbucks gift card and mobile payment users and stealing from consumers’ credit cards. This new scam is so ingenious, the... read more

07 May 15 @ 09:39

New analysis shows that credit card fraud increased last year in Germany. In a sample of 7.5 million active cards issued in Germany, FICO found that losses due to fraud increased... read more

01 May 15 @ 11:06

Tokenization is a technology that allows for more secure payments by substituting sensitive consumer account data for a random number that is unique to each transaction – a digital token.... read more

29 Apr 15 @ 10:45

Cyber security is a precondition to promoting innovation also in the area of payments. The European Union Agency for Network and Information Security (ENISA) is a centre of expertise for... read more

29 Apr 15 @ 10:10

London is the country’s identity theft capital, with significantly higher rates than anywhere else in the UK. The statistics are based on the number of fraudulent applications across financial products... read more

28 Apr 15 @ 12:16

Digital-only banks will struggle with UK banking customers when they launch this year, with only one in eight (13%) consumers claiming that they plan to switch to an account with a digital-only... read more

27 Apr 15 @ 16:57

A new payments survey of more than 1,100 executives representing leading banks, retailers and billing organizations across the Americas, Asia-Pacific and EMEA revealed that although 80% of them understand they... read more

22 Apr 15 @ 10:37

In conjunction with a US Secret Service investigation, Trustwave SpiderLabs researchers have unearthed a new family of POS malware. POS malware is a sinister and often difficult-to-detect threat that preys on retailers... read more

20 Apr 15 @ 11:59

A survey conducted in the US, Canada and the UK by FICO shows that fraud is top-of-mind for consumers in the wake of high-profile data breaches. Respondents’ primary concern about payment... read more