Fraud & Security

Showing Latest Fraud & Security

MasterCard to to invest in biometrics and cyber security

13 Feb 15 @ 11:36

MasterCard is reportedly set to invest an additional $20 million in cyber security measures this year, including biometric protection for mobile apps, and early warning alerts on potential threat vectors. This... read more

Survey on internet security: smartphone and tablet users most reckless

13 Feb 15 @ 11:30

It is surprising to see that smartphone owners of all people are taking the biggest risks with data security, considering that 74% of all interviewees regularly use their web-enabled smartphone... read more

Fraud and security concerns push ID management in 2015

11 Feb 15 @ 13:26

Fraud and security: with the influx of high profile digital data breaches in the past year, businesses and consumers alike have grown increasingly concerned over the amount of sensitive personal... read more

Is 2015 the year for biometrics in payments?

10 Feb 15 @ 10:32

From wearable technology to smart phones, biometrics seemed to dominate at CES this year. Biometrics are unique human identifiers, such as fingerprints or retina scans, used as forms of authentication.... read more

Every $100 of fraud from mCommerce costs merchants $334 in 2014

04 Feb 15 @ 12:43

LexisNexis Risk Solutions has released its annual True Cost of Fraud Mobile study, which indicates that as merchants flock to the mobile channel so too are fraudsters. Revenue that mobile commerce (mCommerce)... read more

Retailers: online security over cart abandonment

02 Feb 15 @ 16:20

A new survey has revealed that retailers are more focused on online security than online POS revenue loss. Up to 10% of international customers abandon their basket at the point of payment,... read more

Four bits of credit card metadata reveals your ID

02 Feb 15 @ 16:13

Four bits of credit card metadata is capable of re-identifying nearly 90% of the people, warns a study carried out by Massachusetts Institute of Technology (MIT) researchers. For the purpose of... read more

Tinkoff Bank selects IRIS fraud prevention

30 Jan 15 @ 10:41

Tinkoff Bank, Russia’s leading provider of online retail financial services and a large credit card issuer with 4.8 million cards issued, has selected IRIS Analytics’ fraud prevention solution. IRIS has... read more

Retail Crime Survey: Retailers failing to protect themselves against fraud and cybercrime

27 Jan 15 @ 12:55

According to the Retail Crime Survey, UK retailers have said that fraud increased by 12% year-on-year in 2013-14 and accounted for 37% of the total cost of crime during the... read more

Smart terminals still represent big opportunity for criminals

23 Jan 15 @ 11:34

As the industry continues its trend toward smart terminals with integrated software for payments and other services, criminals are likewise stepping up their efforts to secure a new treasure chest of data... read more

Retail Crime Survey – Fraud and Cyber attacks on the rise

21 Jan 15 @ 09:38

The impact of theft on UK retailers has reached its highest level in a decade according to this year’s BRC Retail Crime Survey. The average value of each theft in-store... read more

Generation Z ready for biometric security

20 Jan 15 @ 14:16

16 to 24 year old consumers in the UK have the greatest appetite for biometric security measures and the greatest need to use them in place of traditional authentication such... read more

Trending

Visa turns the card into an identity credential

12 May 26 @ 15:44

Visa has launched a new tap-based authentication technology that could reshape how banks verify customers in mobile banking environments. [caption id="atta... more

Emerging markets accelerate the shift to cashless payments

30 Apr 26 @ 18:03

Cashless payments are becoming an increasingly important marker of financial modernisation across emerging market and developing economies, with new data from t... more

Santander backs Ebury’s next phase with fresh funding

05 May 26 @ 16:52

Banco Santander has reinforced its commitment to Ebury after taking part in a funding round of about £550mn for the cross-border payments and trade finance fin... more