Risk & Compliance

Showing Latest Risk & Compliance

Risk-Based Authentication: How to secure frictionless e-commerce payments

30 Aug 18 @ 14:23

In 2018, banks and retailers are dealing with a new breed of customer: one that expects a fast, seamless online payment experience. When it comes to e-commerce, however, user experience... read more

Cashing out: How to be successful in the cyber crime economy

29 Aug 18 @ 08:46

For the modern cyber criminal, turning virtual cash into real money without being caught is a the biggest problem in the cyber crime economy. The thieves often have to get... read more

Mobile banking Trojans hit all time high in 2018

28 Aug 18 @ 16:19

Mobile banking Trojans hit the list of cyber-headaches in Q2 2018. The number of installation packages for mobile banking – modifications which help attackers avoid detection by security solutions and... read more

Cybersecurity: The scourge of ransomware continues

17 Aug 18 @ 12:05

Ransomware attacks have doubled since last year and become a key cybersecurity threat for organisations globally, warns Verizon’s 2018 Data Breach Investigations Report. Ransomware locks computers or encrypts files and... read more

Fraud losses rising across Europe – UK see 8% drop in card fraud

06 Aug 18 @ 13:08

Markets across Europe have made significant gains in the fight against card fraud, specifically in France and the UK, which achieved 6% and 8% reductions. Despite this, losses across the... read more

Dark web: The criminal cyber services market

02 Aug 18 @ 14:04

The news today is full of stories about financial damage caused by the dark web, cyber crime and hacker attacks against organisations, or about hundreds of thousands of user accounts... read more

Indian card fraud sky rockets as cashless Indian society reality bites

01 Aug 18 @ 08:53

In June 2018, Indian police in Mumbai, the countries financial capital, broke the back of a card fraud and cloning racket that involved waiters at bars and restaurants across the city... read more

A new wave of cybercrime: Hackers target cloud services direct

26 Jul 18 @ 11:54

A Chinese hacking and cybercrime group nicknamed “Red Apollo” last year launched one of the largest ever sustained global cyber espionage campaigns. Rather than attacking companies directly, it targeted cloud... read more

FCA approval? Are cryptocurrencies going mainstream?

17 Jul 18 @ 09:58

UK regulators are starting to give cryptocurrencies and associated crypto assets their seal of approval. This is significant, not least because it goes against the prevailing wisdom among policymakers around the world... read more

EBA clarifies Strong Customer Authentication requirements for PSPs

28 Jun 18 @ 15:48

The European Banking Authority has published an Opinion on the implementation of the Regulatory Technical Standards on Strong Customer Authentication and common and secure communication. It has also published a... read more

European Parliament report finds favour in central bank digital currencies

26 Jun 18 @ 12:31

A new, focused report by the European Parliament’s Economic and Monetary Affairs Committee has found in favour of supporting central bank digital currencies which they define differently from cryptocurrrencies. One can distinguish... read more

How real-time payments have changed the face of fraud

18 Jun 18 @ 13:47

Global adoption of real-time payments systems has soared in recent years, enabling consumers to transfer money between accounts instantly, but also irrevocably. In November 2017 the Eurozone launched its cross-border,... read more

Trending

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