Identity

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The Internet of Things is a can of worms – how to keep it sealed

09 Feb 16 @ 12:59

Innocuous devices, the Internet of Things search engine Shodan recently found to be vulnerable to cyber attacks, include a teddy bear able to remotely send voice messages

2016 Identity Fraud Study

02 Feb 16 @ 15:39

The 2016 Identity Fraud Study released by Javelin Strategy & Research, revealed that the number of identity fraud victims increased by 3% (13.1 million consumers) in the US last year, but that... read more

European privacy regulation moves forward

29 Jan 16 @ 11:17

The payments industry is no stranger to the increasing reach of regulation. With the EU Regulation on interchange fees for card-based payment transactions coming into force earlier this year, together with near-term... read more

Growth in card fraud outstrips sales growth

29 Jan 16 @ 10:53

Fraud losses are at record levels worldwide. Card fraud worldwide grew 19 percent last year compared to card sales which grew only 15%, according to figures released by the Nilson... read more

Global study shows increasing security risks to payment data

26 Jan 16 @ 13:47

With acceptance of mobile and other new forms of payments expected to double in the next two years, a new global study shows a critical need for organisations to improve... read more

New payment services bring a better customer experience but also the attention of fraudsters

19 Jan 16 @ 11:41

Payment card providers that are battling for market share are introducing new services to defend and expand their client base.  New initiatives by issuers bring a better customer experience.  However,... read more

Annual State of Application Security Report

12 Jan 16 @ 15:25

Arxan Technologies have published  its 5th Annual State of Application Security Report. The new research is based on the analysis of 126 popular mobile health and finance apps from the US,... read more

Hilton admits data breach

25 Nov 15 @ 12:29

In a statement released yesterday, Hilton Hotels confirmed it had been hit by a malware data breach that stole customer payment data at the checkout, becoming the latest hotel chain... read more

Digitising the PIN for UK payments

24 Nov 15 @ 08:52

myPINpad, which enables multi-channel and multi-factor authentication via the Cardholder PIN, has announced a new partnership with VocaLink, to bring their PIN based authentication solution to digital commerce applications. VocaLink,... read more

Mobile Wallets: The New Fraud Frontier

12 Nov 15 @ 13:23

Mobile wallets are enjoying increasing adoption. Payments made via mobile devices in the United States are expected to total $90 billion by 2017, a big jump from the $12.8 billion... read more

US strengthen cyber security regulations

11 Nov 15 @ 11:45

The New York State Department of Financial Services has outlined its proposals to strengthen cyber security regulations. In a letter to other state and federal regulators, the NYDFS says it... read more

Biometric market for financial services reach $657 million

11 Nov 15 @ 09:42

The advent of the Internet of Things (IoT) has propelled the demand for better security solutions on electronic devices. Apple’s iPhone 5s, which was released in 2013, was the first... read more

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Major UK Banks unite to develop digital verification service

30 Jun 26 @ 07:05

Barclays, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest Group and Santander UK are working with UK Finance in the development of a voluntary ... more

Legacy infrastructure leaves Banks unprepared for real-time

06 Jul 26 @ 20:34

European banks risk falling behind in the race towards real-time payments and faster securities settlement unless they accelerate investment in automation and m... more

Visa expands AI and Cybersecurity strategy in Europe

07 Jul 26 @ 19:13

Visa has unveiled a new cybersecurity platform designed to help financial institutions identify threats before they develop into fraud, while simultaneously rev... more