Fraud & Security

Showing Latest Fraud & Security

Alibaba unveils facial recognition payment tech

17 Mar 15 @ 16:04

Chinese e-commerce player Alibaba is developing facial recognition technology enabling mobile shoppers to replace their passwords with photos of their faces. According to Alibaba chairman Jack Ma, such biometric technology... read more

Changing fraud trends – and how to stay ahead of them

16 Mar 15 @ 16:21

The recent Card Fraud Report from Payments Cards & Mobile and Alaric, an NCR business, highlights the way that card fraud is always changing. In this webinar, David Divitt from... read more

Relentless rise of ID fraud

13 Mar 15 @ 11:59

Experian has revealed that fraud detection rates have increased during the past year*, with around 50 frauds now being detected per 10,000 cases during Q4 2014 – compared to 40 frauds detected... read more

80% of global merchantsfail PCI DDS compliance test

11 Mar 15 @ 17:33

Four out of five global retailers and other merchants failed interim tests to determine whether they are in compliance with payment card data security standards (PCI DSS), putting them at... read more

EPC lays out framework for handling CNP transactions

10 Mar 15 @ 17:10

The European Payments Council (EPC) has unveiled a blueprint for the establishment of an interoperable card and terminal infrastructure to process card-not-present (CNP) transactions across SEPA. The proposals are published... read more

Digital top priority for global banks

10 Mar 15 @ 17:06

The drive by banks to implement new digital technologies has overtaken regulatory worries as the highest priority for global banking executives, according to new research from the Economist Intelligence Unit.... read more

$16 billion stolen from 12.7 million identity fraud victims in 2014

05 Mar 15 @ 10:59

Javelin Strategy & Research have published its 2015 Identity Fraud Study. 2014 was a mixed year in the fight against identity fraud, with some advances and some setbacks. The study found... read more

Apple Pay experiencing high fraud exposure

04 Mar 15 @ 11:54

Apple Pay has gained momentum quickly, in typical Apple fashion, with 2,000 financial institutions committed to support it, millions of cardholders actively enrolled, and two-thirds of all contactless transactions in... read more

EMV Liability Shift – 212 Days to Go

04 Mar 15 @ 09:31

October 2015 marks a major milestone in the US payment industry’s migration to EMV as the liability shift comes into effect. After the liability shift, the party on a card... read more

Retailers hit hard by data breach expenses

26 Feb 15 @ 12:36

Target has so far booked $162 million in expenses related to the data breach it suffered in late 2013 which saw thieves steal the card details of tens of millions... read more

SIM card remains secure

25 Feb 15 @ 09:30

The SIM card is so secure that in the case revealed recently, even intelligence services preferred to steal the key rather than attack the SIM card. The secure authentication of... read more

Card fraud at the ATM is serious – time to step up the fight

24 Feb 15 @ 10:39

Representing global losses in excess of a billion Euros, card fraud and associated skimming remains the most prevalent type of ATM crime and a major concern for financial institutions (FI)... read more

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Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more