Identity

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Focus on card fraud – The UK market

13 Oct 20 @ 09:33

Card fraud losses on UK-issued cards totalled £620.6 million in 2019, an 8% decrease from £671.4 million in 2018. At the same time, total spending on all debit and credit... read more

Human like e-commerce cyberattacks proliferate during pandemic

17 Sep 20 @ 10:16

The COVID-19 pandemic has seen the fastest transition of customers moving to the online space and witnessed an unprecedented surge in the creativity of credential-stealing cyberattacks. Now, online companies adapting... read more

Digital ID framework to begin testing in Canada

16 Sep 20 @ 15:06

The Digital ID & Authentication Council of Canada (DIACC) has announced the launch of the Pan-Canadian Trust Framework (PCTF), a set of digital ID and authentication industry standards that will define... read more

Bank of America sets record for patents filed and granted during H1 2020

15 Sep 20 @ 10:41

Bank of America has recorded the most patents filed and granted in the first half of any year in the history of the company. Demonstrating the seriousness with which the... read more

Everything you need to know about eIDAS for Open Banking

11 Sep 20 @ 12:08

For those less familiar, the Electronic Identification, Authentication and Trust Services, or the eIDAS system as it is more commonly known, came into effect on 1st July 2016, with Regulation (EU) 910/2014 on electronic identification... read more

Why biometrics are the future of securing digital currency

10 Sep 20 @ 16:07

The world is moving ever closer to digital currency for all. Although investors have watched cryptocurrencies such as Bitcoin and Zcash grow for years, national digital currencies are now starting... read more

Digital banking study: Biometrics have the last password

08 Jul 20 @ 11:05

New reveals that despite universal consumer advice that one password for all financial accounts is equivalent to leaving the front door open, only 40% of UK consumers have separate passwords... read more

Rule of the machines: can AI and ML really help fight fraud?

06 Jul 20 @ 11:08

Fraud has been a problem since coins were introduced more than two thousand years ago. In today’s digital age, the problem won’t go away – indeed, it’s getting worse despite... read more

UK consumers confirm shift towards digital identity to be permanent

01 Jul 20 @ 14:03

Since the beginning of lockdown measures in late March, digital services have been the only recourse for consumers needing to prove their identity in order to access services, whether that... read more

Multinational industry alliance launch PayID – universal ID for payments

24 Jun 20 @ 12:10

A group of leading technology, finance and nonprofit companies have joined forces to announce the launch of PayID, a universal payment ID to simplify the process of sending and receiving... read more

New data on account takeover is concerning – industry needs to take action

15 Jun 20 @ 06:00

The latest data to emerge on rising ATO (Account Take Over) fraud in the US should be of real concern to anyone engaged in online commerce. In its 2020 E-Commerce... read more

CaixaBank deploys facial recognition ATMs throughout Spain

09 Jun 20 @ 13:15

CaixaBank has begun a nationwide deployment of facial recognition ATMs. The deployment is the first launched by a financial institution on a global level that allows users to withdraw money... read more

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ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

European E-commerce Hits €911bn as Payments Reshape Online Retail

21 Sep 26 @ 19:41

European e-commerce has broken through the €900bn barrier, underlining the growing importance of digital retail to the continent's economy while intensifying ... more

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more