Fraud & Security

01 Apr 15 @ 14:56

The recent release of the annual UK fraud figures describes an interesting picture of some successes and some areas for continued concern and renewed action. First, the headline successes. Fraud... read more

27 Mar 15 @ 12:09

In an embarrassing moment, PayPal has been forced to pay a £5.2 million ($7.7 million) settlement over alleged sanctions violations including allegations that it processed payments for a man involved in... read more

26 Mar 15 @ 12:18

Recorded fraud victims increased by 25% last year, according to the latest report from the UK fraud prevention service, Cifas, published today. In total there were 276,993 frauds recorded in... read more

24 Mar 15 @ 11:42

A major new report sets out key recommendations for the banking industry and urges regulators to give consumers certainty that their money is equally well-protected wherever they choose to bank.... read more

23 Mar 15 @ 11:30

Target is said to be preparing to settle a class-action suit over its 2013 data breach by paying $10 million to set up a fund for breach victims, who will... read more

23 Mar 15 @ 10:38

MTN Uganda has been forced to call a press conference, with high-ranking executives from both MTN and Stanbic. Stanbic bank’s Managing Director, Patrick Mweheire, opened by explaining that the briefing was being held... read more

17 Mar 15 @ 16:04

Chinese e-commerce player Alibaba is developing facial recognition technology enabling mobile shoppers to replace their passwords with photos of their faces. According to Alibaba chairman Jack Ma, such biometric technology... read more

16 Mar 15 @ 16:21

The recent Card Fraud Report from Payments Cards & Mobile and Alaric, an NCR business, highlights the way that card fraud is always changing. In this webinar, David Divitt from... read more

13 Mar 15 @ 11:59

Experian has revealed that fraud detection rates have increased during the past year*, with around 50 frauds now being detected per 10,000 cases during Q4 2014 – compared to 40 frauds detected... read more

11 Mar 15 @ 17:33

Four out of five global retailers and other merchants failed interim tests to determine whether they are in compliance with payment card data security standards (PCI DSS), putting them at... read more

10 Mar 15 @ 17:10

The European Payments Council (EPC) has unveiled a blueprint for the establishment of an interoperable card and terminal infrastructure to process card-not-present (CNP) transactions across SEPA. The proposals are published... read more

10 Mar 15 @ 17:06

The drive by banks to implement new digital technologies has overtaken regulatory worries as the highest priority for global banking executives, according to new research from the Economist Intelligence Unit.... read more