Showing results for 'card fraud' in Articles
177 Articles | 59 Magazines | 1 Research | 0 Whitepapers

Cybercriminals use Prilex malware to block contactless payments

31 Jan 23 @ 12:42

Kaspersky says it has uncovered three new variants of Prilex malware, which can block contactless near-field communication (NFC) transactions on infected devices, forcing customers to use their physical credit cards,... read more

Growth in APP fraud expected to double by 2026

17 Nov 22 @ 14:02

APP fraud (Authorised Push Payment) losses are on the rise and expected to climb to $5.25 billion across the US, UK and India by 2026 — a record CAGR of 21%... read more

Feature: Time for Brazil to get Real?

16 Nov 22 @ 18:09

With a young, dynamic population and a growing economy, Brazil is a hot market for global payments players. But will endemic fraud problems and technical challenges blunt its attraction? There’s... read more

The EBA Fraud Taxonomy is now publicly available

30 Oct 22 @ 14:30

To match the speed of instant payments and their increasing adoption throughout Europe, fraud prevention and detection tools not only have to be fast but should also be able to... read more

UK Fraud report: H1 2022 sees decline in fraud of 13%

13 Oct 22 @ 11:19

UK Finance has released its latest fraud report covering H1 2022. The report shows that while the end of the pandemic has seen a fall in overall fraud losses, some... read more

Alert: BidenCash marketplace gives away data on 1.2 million credit cards

13 Oct 22 @ 10:34

A dark web marketplace named BidenCash has released a massive file of 1.2 million credit cards data to promote the marketplace, allowing anyone to download them for free to conduct... read more

UK Finance fraud report: Criminal gangs steal £1.3 billion

29 Jun 22 @ 12:33

UK Finance has released its latest fraud report covering 2021. The report shows the scale of fraud taking place as well as how criminals took advantage of people’s doubts and... read more

Business Payments Barometer – Fraud soars in cashless economy

27 Jun 22 @ 09:46

Bottomline has revealed that the shift to hybrid working has left businesses seriously exposed to insider fraud[1], with over half of businesses (52% in GB and 63% in the US)... read more

Fraud and cyber-threats keep rising – is AI the answer?

22 Jun 22 @ 13:21

As fraud attempts and cyber-security incidents continue to rise, more and better Artificial Intelligence (AI) solutions are being touted as the solution. But does AI deliver on its promise? Two... read more

One year on from enforcement – has PSD2 reduced fraud?

25 Apr 22 @ 13:08

It’s been a year since every merchant across France, Germany, Italy and Spain — the EEA’s largest digital commerce markets — started complying with PSD2, but has enforcement reduced fraud... read more

2022 IBM Global Financial Fraud Impact Report

12 Apr 22 @ 13:01

According to a new report commissioned by IBM, geographies and generations differ greatly in the frequency and impact of financial fraud, as well as their attitudes toward fraud detection and... read more

The long road to SCA: Key learnings from Europe

07 Jan 22 @ 11:50

PSD2 introduced the need for SCA, but implementation has been a long journey and several deadline extensions reflect the low levels of market readiness and the disruptions caused by COVID-19.... read more

Prepaid cards market expected to exceed $5.5 trillion dollars by 2028

30 Nov 21 @ 16:59

Amid hype about alternative payments and digital currencies, prepaid cards are booming – with growth projected to run faster than e-commerce world-wide over the next ten years. Payments Cards &... read more

The reality of cyber crime in Europe

30 Nov 21 @ 13:11

Are you aware of just how often real-world offences and cyber crimes are committed across Europe and which countries are most affected? TechRobot has carried out research on real-world crime... read more

PCM Feature: The future of credit cards for the digital era

27 Sep 21 @ 11:04

Credit cards are becoming less profitable for banks even as lower-cost alternatives such as buy-now-pay-later schemes and digital wallets with a credit function are emerging. If credit cards are to... read more

UK fraud figures make for grim reading – APP fraud scams hit new highs

23 Sep 21 @ 15:08

The latest fraud figures released by UK Finance show the scale of the fraud problem in payments is only growing, despite the efforts of the banking and finance industry. In... read more

European payments in 2021: Cards remain No. 1 for consumers

17 May 21 @ 16:04

Amid rising hype about mobile wallets, P2P FinTech challengers and QR-code payments, this year’s Digital and Card Payments Yearbooks show a card segment in robust health, with business growing strongly.... read more

Intuit set to sue Visa and Mastercard over anti-competitive interchange fees

24 Feb 21 @ 17:33

Intuit, a US business and financial software company that develops and sells financial, accounting, and tax preparation software is reported to be suing Mastercard and Visa for fixing interchange fees... read more

Identity fraud losses increase 15% as consumer out-of-pocket costs more than double

20 May 20 @ 10:55

The 2020 Identity Fraud Report reveals financial institutions’ methods to identify and respond to fraud are no match for criminals’ high-tech schemes to hijack consumer accounts. Fraud losses grew 15%... read more

Need to secure online commerce, lower user friction and grow sales? Here’s how.

22 Apr 20 @ 13:49

Doug Gray, Chief Commercial Officer at Maxa, says the holy grail of online commerce – improving transaction security while reducing consumer friction – is achievable. By adopting online contactless payments,... read more

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Visa turns the card into an identity credential

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

Santander backs Ebury’s next phase with fresh funding

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

RBC and BMO weigh sale of Moneris as banks retreat from merchant acquiring

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