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Australian Payments Network shows decline in payment card fraud
Figures recently released by the Australian Payments Network (AusPayNet), the payments industry self-regulatory body, show the rate of card fraud for the 12 months to 31 December was 72.8 cents... more
The post Australian Payments Network shows decline in payment card fraud appeared first on Payments Cards & Mobile.
Fraud Report: losses on UK-issued cards totalled £671.4 million in 2018
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... more
The post Fraud Report: losses on UK-issued cards totalled £671.4 million in 2018 appeared first on Payments Cards & Mobile.
US EMV migration fails to halt rampant payment card fraud
In 2015, the US financial industry began a massive migration to the EMV standard in response to overwhelming levels of payment card fraud. The inherent security of EMV technology in... more
The post US EMV migration fails to halt rampant payment card fraud appeared first on Payments Cards & Mobile.
European Payment Terminal Crime Report – Card fraud losses fall
The European Association for Secure Transactions (EAST) has just published a European Payment Terminal Crime Report covering the first six months of 2018 which reports that losses due to card fraud... more
The post European Payment Terminal Crime Report – Card fraud losses fall appeared first on Payments Cards & Mobile.
First Data launches new fraud detection service – FirstSense
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... more
The post First Data launches new fraud detection service – FirstSense appeared first on Payments Cards & Mobile.
