Risk & Compliance

26 Oct 16 @ 09:20

EMVCo has published EMV 3-D Secure Protocol and Core Functions Specification v2.0.0 (EMV 3DS 2.0 Specification). The new specification provides a globally interoperable framework that promotes a consistent consumer experience... read more

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

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

14 Oct 16 @ 16:51

Financial fraud in H1 2016 increased by a quarter to £399.5 million, enabled by scams and online attacks, new figures published by Financial Fraud Action UK (FFA UK) show. Banks’... read more

12 Oct 16 @ 16:24

A new Trojan dubbed Odinaff has been reported attacking banks and other financial targets worldwide. Odinaff attacks include the manipulation of embattled SWIFT logs and the extensive use of hack... read more

29 Sep 16 @ 13:06

Europol has issued a warning regarding the cybercrime threat landscape, particularly threats emanating from the so-called “Darknet.” The “2016-internet-organized-crime-threat-assessment” report, outlines the biggest threats online. The annual report concluded that... read more

22 Sep 16 @ 11:48

In the coming months, there are stong warnings that cybercrime and money laundering in online games – such as World of Warcraft – will be a growing concern. As regulators... read more

20 Sep 16 @ 16:03

More than 1 million incidents of financial fraud occurred in the first six months of 2016, according to official figures released by Financial Fraud Action UK (FFA UK). Representing a... read more

09 Sep 16 @ 09:56

On the 25 June 2015, a new package of EU Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) legislation came into effect with the adoption of the Fourth Money Laundering Directive... read more

02 Sep 16 @ 12:30

The role of cyber security due diligence in M&A is a priority. Last year alone, M&A activity reached fever pitch, with the global market valued at over $4 trillion –... read more

31 Aug 16 @ 13:47

Only 5% of banks and other financial institutions are aware that the EU Payment Services Directive (PSD2) will require open access to customer accounts, according to a UK law firm... read more

16 Aug 16 @ 17:13

Sometime it is difficult enough for the industry to keep up with new technology threats and opportunities domestically, let alone regionally or internationally. Given the frenetic pace with which new technology... read more