Fraud & Security

Showing Latest Fraud & Security

Retailers: online security over cart abandonment

02 Feb 15 @ 16:20

A new survey has revealed that retailers are more focused on online security than online POS revenue loss. Up to 10% of international customers abandon their basket at the point of payment,... read more

Four bits of credit card metadata reveals your ID

02 Feb 15 @ 16:13

Four bits of credit card metadata is capable of re-identifying nearly 90% of the people, warns a study carried out by Massachusetts Institute of Technology (MIT) researchers. For the purpose of... read more

Tinkoff Bank selects IRIS fraud prevention

30 Jan 15 @ 10:41

Tinkoff Bank, Russia’s leading provider of online retail financial services and a large credit card issuer with 4.8 million cards issued, has selected IRIS Analytics’ fraud prevention solution. IRIS has... read more

Retail Crime Survey: Retailers failing to protect themselves against fraud and cybercrime

27 Jan 15 @ 12:55

According to the Retail Crime Survey, UK retailers have said that fraud increased by 12% year-on-year in 2013-14 and accounted for 37% of the total cost of crime during the... read more

Smart terminals still represent big opportunity for criminals

23 Jan 15 @ 11:34

As the industry continues its trend toward smart terminals with integrated software for payments and other services, criminals are likewise stepping up their efforts to secure a new treasure chest of data... read more

Retail Crime Survey – Fraud and Cyber attacks on the rise

21 Jan 15 @ 09:38

The impact of theft on UK retailers has reached its highest level in a decade according to this year’s BRC Retail Crime Survey. The average value of each theft in-store... read more

Generation Z ready for biometric security

20 Jan 15 @ 14:16

16 to 24 year old consumers in the UK have the greatest appetite for biometric security measures and the greatest need to use them in place of traditional authentication such... read more

Thieves hit ATMs with Black Box attack

15 Jan 15 @ 14:11

According to the KrebsOnSecurity blog, ATM skimming attacks have focused on innovative fraud devices made to attach to the outside of compromised ATMs via a black box attack. Security experts are... read more

US cards will fall short on fraud as issuers shun PIN

15 Jan 15 @ 10:02

Big US banks are steering clear of an advanced security measure used in credit cards around the world, opting for a system that is more convenient for shoppers but may... read more

FICO Acquires TONBELLER

14 Jan 15 @ 10:11

FICO has acquired TONBELLER, a provider of financial crime and compliance solutions based in Bensheim, Germany. The transaction has closed. Although terms have not been disclosed, the transaction is not... read more

Gemalto completes SafeNet acquisition

09 Jan 15 @ 15:39

Digital security specialist Gemalto has announced the final closing of the acquisition of SafeNet, a provider of data and software protection, after approval by the relevant regulatory and antitrust authorities.... read more

Cyber Security Intelligence Index

08 Jan 15 @ 10:43

The annual IBM Cyber Security Intelligence Index report offers a high-level overview of the major threats trending across businesses worldwide over the past year. This report will help you understand... read more

Trending

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