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The world is moving ever closer to digital currency for all. Although investors have watched cryptocurrencies such as Bitcoin and Zcash grow for years, national digital currencies are now starting... more
The post Why biometrics are the future of securing digital currency appeared first on Payments Cards & Mobile.
The financial sector is historically one of the most secure industries in the world. It needs to earn trust and convince customers that their hard-earned money is safe. Nevertheless, the fact that banks are guardians of the one... more
The post Modern bank heist: How cyber criminals have evolved appeared first on Payments Cards & Mobile.
With COVID-19 increasingly being used as a hook to commit fraud, threatening consumers and businesses of all sizes, a recent industry discussion was held to discuss ‘the rise of financial... more
The post Cybercrime spike as pandemic creates perfect storm for fraud appeared first on Payments Cards & Mobile.
Fraud has been a problem since coins were introduced more than two thousand years ago. In today’s digital age, the problem won’t go away – indeed, it’s getting worse despite... more
The post Rule of the machines: can AI and ML really help fight fraud? appeared first on Payments Cards & Mobile.
CipherTrace has released its Spring 2020 Cryptocurrency Anti-Money Laundering and Crime Report with key data on cryptocurrency crimes and trends that will have regulatory repercussions for VASPs and other financial institutions. In the... more
The post Research finds criminals hit $1.4 billion jackpot from cryptocurrency crimes appeared first on Payments Cards & Mobile.