28 May 24 @ 12:46

As losses from software attacks rise, ATM operators should seek wide-ranging protection. In banking and payments, conventional wisdom says cash use is decreasing and ATM services are losing relevance. While... read more

10 May 24 @ 12:51

Kaspersky has released its annual Financial Threats Report for 2023, offering a detailed analysis of the evolving financial cyberthreat landscape. The report reveals significant increases in mobile banking malware and... read more

30 Apr 24 @ 18:23

Here at Payments Cards & Mobile Towers, news reaches us on a weekly basis of the AI-led solutions banks and service companies are creating to fight fraud. To deliver ever-greater... read more

23 Feb 24 @ 16:59

The rise of fraud in the United States continues apace, costing the US $159 billion in one year alone, according to new research. The 2023 State of Scams report by Feedzai in partnership... read more

18 Jan 24 @ 17:14

ComplyAdvantage has published its State of Financial Crime report. Built on a survey of 600 senior financial crime decision-makers worldwide, alongside experience working with more than 1,000 companies globally, it... read more

17 Jan 24 @ 17:59

From consumer to business payments to cross-border transactions, cash is no longer king. Brought about by the rise of smartphones, e-commerce and technology, the convenience of completing everyday banking transactions... read more

12 Jan 24 @ 12:57

2023 will go down as a transitional year for cybersecurity and information technology in general. Quantum Computing is still in its infancy, and artificial intelligence is still limited to creating... read more

11 Sep 23 @ 15:00

Serious and organised crime continues to threaten the internal security of the EU says a new report: The Other Side of the Coin: An Analysis of Financial and Economic Crime.... read more

08 Sep 23 @ 15:40

Visa has released the Fall 2023 edition of its Biannual Threats Report which highlights emerging fraud schemes targeting the global economy. This edition showcases a significant rise of phishing schemes... read more

11 May 23 @ 09:08

In response to the growing public attention given to ChatGPT, the Europol Innovation Lab organised a number of workshops with subject matter experts from across Europol to explore how criminals... read more

27 Apr 23 @ 08:53

As the year canters on and the dust settles on the crypto crash, it might be tempting to think crypto’s over. But think again: as of January 3, 2023, more... read more

16 Feb 23 @ 16:31

Here’s some good news: fraud is going down. Or at least, the number of companies affected by fraud has decreased slightly since 2018, according to a new PwC study. However,... 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

09 Aug 22 @ 10:29

The US has imposed sanctions on Tornado Cash, a crypto “mixing service” that they say has laundered more than $7 billion over the past three years and helped North Korean... read more

27 Apr 22 @ 16:41

“170 years ago Americans pushed westward across the frontier to seek their fortune in the gold rush. Greed and lawlessness turned this promised land into the Wild West, where the... read more

25 Apr 22 @ 17:30

The Modern Bank Heists report, which annually takes the pulse of the financial industry’s top CISOs and security leaders to provide executives with a ground truth on the changing behaviour... read more

03 Mar 22 @ 17:52

Innovations are essential for progress. This is the case in general, but especially in a dynamic industry like digital payments. To meet the ever-growing consumer demands for simple and frictionless... read more

06 Jan 22 @ 16:50

Traditional approaches to cyber security in payments aren’t working – and the recent huge rise in hacks and fraud proves it. James Wood says it’s time for a radical shift in... read more

24 Nov 21 @ 13:18

A significant increase in Buy Now Pay Later (BNPL) transactions expected this Black Friday and Cyber Monday is forecast to put businesses and consumers at heightened risk of falling victim... read more

02 Nov 21 @ 12:41

E-commerce fraud attack rates have declined 36% in the past 12 months, whilst 3DS transactions have grown more than 600% across the same period, led by uptake of the new... read more