In my previous blog (click here) I detailed how the Fraud threat landscape for cards has changed significantly, with a reduction in card fraud in some of the major markets as consumers are spending less; and spending online rather than at bricks and mortar retail sites. But that doesn't mean the fraud levels are easing – as while payment fraud is ...
28 October 2020 /crime /covid-19 Financial Risk Management
As I outlined in my previous blog (click here to view), we have seen a rapid movement to card channel payments as cash usage has declined during the pandemic. In the UK, as early as April this year cash withdrawals had declined by 60% (according to the UK Government) - mainly due to a combination of people staying indoors and being unable to use ...
25 October 2020 /crime /covid-19 Financial Risk Management
2020 has been a challenging for many reasons – the global situation has changed the face many industries – perhaps forever. For many years, the payments industry has spoken about the replacement of cash as a means of payment. Indeed, the National Audit Office in the UK states that only 3 in every 10 transactions are now cash and had projected that...
23 October 2020 /crime /covid-19 Financial Transformation
Brendan FarrellExecutive Vice President at FIS
Charles WickendenSolutions Executive at FIS
Tobi OyinloyeProduct Manager at FIS
Puneet GuptaAssociate Director at FIS
Beverly CatesPractice Manager at FIS
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.