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M2020: BPC and Ellipse partner on integrating EVC dynamic security code
BPC has announced an enhanced partnership with Ellipse World (Ellipse). The partnership will focus on bolstering security measures and privacy for customers by integrating EVC (Ellipse Verification Code), its dynamic... read more
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UK banks outperform rest of Europe in reducing card fraud
UK banks achieved the biggest reduction in card fraud losses last year among 18 countries across Europe, according to the updated FICO European Fraud Map. More than half of the... more
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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
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Fraud losses rising across Europe – UK see 8% drop in card fraud
Markets across Europe have made significant gains in the fight against card fraud, specifically in France and the UK, which achieved 6% and 8% reductions. Despite this, losses across the... more
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US Payments Forum provides guidance on card-not-present fraud
With card-not-present fraud a global concern, many countries have deployed various fraud prevention tools to help curb fraud in both online and mobile channels. In this report, the U.S. Payments Forum has reviewed experiences from countries around the world to assist the US payments industry in mitigating card-not-present fraud. Globally, card-not-present fraud includes telephone, Internet, and mail-order [...]
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