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New EMV chip cards will lead to significant increase in CNP fraud

24 Nov 16 @ 09:45

As the dreaded Black Friday draws nearer, iovation is predicting a significant increase in CNP fraud – fraudulent transactions where a credit card is not physically presented to a merchant... read more

First FI to implement mobile behavioral biometrics for User Authentication

23 Nov 16 @ 09:47

Bank Leumi, one of Israel’s largest banks, says that its credit card subsidiary, Leumi Card, will introduce the first-of-its-kind integration of a mobile security product based on behavioral biometrics. Based... read more

Visa hits out at EBA plans for strong customer authentication set to ruin UK e-commerce market

23 Nov 16 @ 09:23

The European Banking Authority (EBA) has brought forward proposals for how it will implement what is called strong customer authentication (SCA). Visa has warned that new European rules on e-commerce... read more

Is the customer the weakest link in risk evaluation of mobile financial services?

15 Nov 16 @ 09:29

Human fallibility is now one of the biggest risks that banks and financial institutions must manage in mobile financial services (MFS), according to a new report from the Risk Mitigation... read more

PSD2: Opportunities and Risk from the latest regulation – Webinar

08 Nov 16 @ 11:13

PSD2: Opportunities and Risk from the latest regulation – is an important set of webinars organised by PCM including expert knowledge from PSE Consulting and NCR. The Webinars are to... read more

Android malware Trojan targeting mobile banking apps and social media

04 Nov 16 @ 13:35

A new Android malware Trojan has surfaced and is ripping through the entire banking sector in the US and Europe by appearing as a Flash Player App. The Android malware... read more

Biometric authentication – are you and your money safe?

04 Nov 16 @ 11:46

Most big high street banks are beginning to use biometric authentication to give customers a more convenient way to check their account balance or make payments. However, one big question... read more

Consumer demand for banks to adopt biometric authentication doubles

03 Nov 16 @ 14:00

Demand for different types of biometric authentication has risen significantly since 2014, with iris scanning moving ahead of fingerprint technology to the top of the 2016 Future Password Index (FPI).... read more

Regulators increase cybersecurity standards at biggest banks

31 Oct 16 @ 09:00

North American regulators have unveiled a new cybersecurity standard to bolster the ability of the country’s largest banks to withstand a major cyberattack, a move aimed at protecting the US... read more

Card fraud losses hit $21.84 billion in 2015 – up 20.6%

25 Oct 16 @ 08:38

Card fraud losses incurred by banks and merchants on all credit, debit, and prepaid general purpose and private label payment cards issued worldwide reached $21.84 billion last year when global... read more

E-commerce authentication gets a major makeover with new 3-D secure specification

21 Oct 16 @ 11:48

To encourage the continued growth of e-commerce, merchants and issuers around the globe need intelligent tools to distinguish between good and bad transactions, all while minimizing disruption to consumers at... read more

Consumers want additional security to prevent e-commerce fraud

21 Oct 16 @ 11:10

As e-commerce and e-commerce fraud continues to expand, online payment security is a top concern for merchants and consumers, according to a new report from American Express. The 2016 American... 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