Fraud & Security

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

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

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

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

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

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

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

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

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

15 Jan 15 @ 14:11

According to the KrebsOnSecurity blog, ATM skimming attacks have focused on innovative fraud devices made to attach to the outside of compromised ATMs via a black box attack. Security experts are... read more

15 Jan 15 @ 10:02

Big US banks are steering clear of an advanced security measure used in credit cards around the world, opting for a system that is more convenient for shoppers but may... read more

14 Jan 15 @ 10:11

FICO has acquired TONBELLER, a provider of financial crime and compliance solutions based in Bensheim, Germany. The transaction has closed. Although terms have not been disclosed, the transaction is not... read more