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We all know that fraud has been rising pretty steadily in some form or another over the past decade despite efforts to stem it. We have been able to control areas in which fraud was prevalent by imple...
Card fraud is a massive problem around the world, costing banks and consumers time and money. Even when we seem to be making headway the criminals find another way in, which is why we see stats such a...
Payment fraud evolves constantly, changing and adapting to the systems, networks and infrastructure. Criminals are always on the lookout for a weak link in the payment cycle to exploit, altering their...
The recent article talking about the “Courier Scam” published in The Guardian is an interesting read for those of us in the industry, and an important one for both consumers and banks to pay attention...
In the past, risk and fraud systems were managed separately, by different teams with different strategies and objectives. It’s been that way for many years, but we’re now starting to see a softening o...
The reduction in fraud levels seen in Australia once again reiterate the potential savings that can be delivered if countries roll out EMV technology, and it will be interesting to see if the current ...
According to Kelkoo - the online retail comparison website - and Visa Europe, Monday 29 November is the busiest online shopping day of the year. Visa Europe expects 3.8m purchases worth £265m to be ma...
Anyone who has worked in a bank, or has spent any length of time working with them, knows that technology silos are all too commonplace. Many banks have one system to process debit card payments, anot...
This story shows the lengths to which criminals will go to commit fraud, and the PCeU must be congratulated on breaking this criminal gang. However, it is important that stories like this don't discou...
The recent announcement of the multi-channelled Zeus attack on a user's internet banking account is an interesting hypothesis and surely will not be the last when it comes to beating the ever advancin...
This is very interesting research from Fiserv that demonstrates how security-conscious consumers are, despite the benefits that PFM sites promise. True, a full view of all your accounts in one place v...
This news is very encouraging for banks and consumers around the world. It’s great to see banks taking steps to give their customers as much control as possible over their account. At the moment it s