12 Mar 15 @ 10:24
Card Fraud Report 2015, in association with Alaric NCR, aims to give some insight into how card fraud is perpetrated in the selected regions, what are the drivers for this fraud, the defence mechanisms that the various countries can select to combat card fraud and the figures that surround the various types of card fraud.
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
18 Dec 14 @ 12:41
Dutch researchers claim to have enabled the power of quantum mechanics in a way that could be used to make card fraud a thing of the past. In a paper posted... read more
17 Nov 14 @ 12:42
FICO says that card-not-present (CNP) fraud accounted for three-quarters of card fraud cases and fraud losses in the UK from 2012-2014, based on the payment cards in the FICO Falcon Fraud Consortium for Europe.... read more
04 Aug 14 @ 12:25
FICO has published its latest map of card fraud in Europe, showing that card fraud losses in 2013 for the 19 European countries studied reached €1.55 billion. This figure was... read more
25 Jun 14 @ 12:19
A global fraud study of more than 6,100 consumers across 20 countries revealed that one in four consumers is a victim of card fraud in the last five years. The... read more
06 Mar 14 @ 15:33
Payment card fraud in the US is rampant, and it’s adding up to big losses. The US accounted for 51% of global payment card fraud costs in 2013, according to BI... read more
25 Feb 14 @ 11:07
Card fraud within the Single Euro Payments Area (SEPA) increased in 2012 for the first time since 2008, driven mainly by higher internet fraud. The third report on card fraud,... read more
07 Nov 13 @ 12:51
FICO, a leading predictive analytics and decision management software company, has announced the availability of a proximity correlation service for credit and debit card issuers aimed at improving the safety of... read more
08 Jan 13 @ 00:00
Europol today publishes its Situation Report on Payment Card Fraud in the European Union, based on the analysis of intelligence provided by law enforcement agencies and other key operational partners. Although... read more
07 Sep 22 @ 16:49
The ‘return to normal’ from the pandemic in 2021 was uneven across the continent due to variances in vaccine rollout, resurgence of Covid infections, and policies regarding retail, travel and... read more
06 Sep 22 @ 16:00
Nearly half (49%) of UK consumers are more concerned about becoming a victim of fraud now than they were in 2021. That’s according to research released by Paysafe, which indicates... read more
22 Mar 19 @ 16:35
Fraud losses on UK-issued cards totalled £671.4 million in 2018, a 19% increase from £565.4 million in 2017. At the same time, total spending on all debit and credit cards... read more
27 Sep 18 @ 09:36
First Data has launched a new anti-fraud detection service, FirstSense. It enables financial institutions to identify at-risk accounts across all card brands and prevent fraud. The newly launched platform combines... read more
04 Jul 18 @ 17:25
Clearing up the mess left behind by fraudsters is a serious challenge and sees financial institutions having to absorb the monetary and logistical damage of card payment fraud daily. Meanwhile,... read more
04 May 17 @ 16:02
With RBTE just around the corner, released data from Radial’s e-commerce fraud technology lab adds another alarming statistic for retailers to contend with when delivering a seamless customer experience. To date... read more
07 Nov 16 @ 11:33
US fraud levels are rising across all payment card products, according to First Annapolis’ semi-annual survey of major card issuers, but changes in fraud write-offs vary by product. Survey results1... read more
01 Sep 16 @ 09:31
Chargebacks have been part of card scheme dispute resolution rules for decades and reflect consumer protection regulations in many countries. However they are also the ultimate un-virtuous circle where almost... read more
21 Mar 16 @ 12:51
Statistics by Financial Fraud Action (FFA) UK show fraud losses on UK payment cards totalled £567.5 million in 2015, representing an 18% increase from £479 million one year before. Significantly, total... read more
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
12 May 26 @ 15:44
Visa has launched a new tap-based authentication technology that could reshape how banks verify customers in mobile banking environments. [caption id="atta... more
05 May 26 @ 16:52
Banco Santander has reinforced its commitment to Ebury after taking part in a funding round of about £550mn for the cross-border payments and trade finance fin... more
06 May 26 @ 16:43
Royal Bank of Canada and Bank of Montreal are reportedly in talks to sell Moneris, their jointly owned payments processing business, to Francisco Partners, in a... more