Fraud & Security

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

05 Mar 15 @ 10:59

Javelin Strategy & Research have published its 2015 Identity Fraud Study. 2014 was a mixed year in the fight against identity fraud, with some advances and some setbacks. The study found... read more

04 Mar 15 @ 11:54

Apple Pay has gained momentum quickly, in typical Apple fashion, with 2,000 financial institutions committed to support it, millions of cardholders actively enrolled, and two-thirds of all contactless transactions in... read more

04 Mar 15 @ 09:31

October 2015 marks a major milestone in the US payment industry’s migration to EMV as the liability shift comes into effect. After the liability shift, the party on a card... read more

26 Feb 15 @ 12:36

Target has so far booked $162 million in expenses related to the data breach it suffered in late 2013 which saw thieves steal the card details of tens of millions... read more