Fraud & Security RSS

Blockchain, Cryptocurrency, Daily news, E-Commerce, E-Money, FinTech, Fraud & Security, M-Commerce, Middle East, Mobile payments, Mobile Wallet, payments in the Middle East, POS Terminals -

From Egypt and Jordan through to the Gulf, the Middle East has seen a lot of progress in payments. Yet some significant roadblocks remain, including rising fraud, enabling cards for... more

The post Clear the runway – unblocking payments in the Middle East appeared first on Payments Cards & Mobile.

Read more

biometric, Biometrics, Daily news, Fraud & Security, Identity, Mobile Banking, one-time passcode (OTP) -

New reveals that despite universal consumer advice that one password for all financial accounts is equivalent to leaving the front door open, only 40% of UK consumers have separate passwords... more

The post Digital banking study: Biometrics have the last password appeared first on Payments Cards & Mobile.

Read more

AI, Artificial Intelligence (AI), Cyber Crime, Cyber Security, Daily news, Fraud, Fraud & Security, Identity, Machine Learning (ML), ML, Risk & Compliance -

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.

Read more

Cyber Security, Daily news, Digital Identity, Fraud & Security, GDPR, Identity, personally identifiable information (PII) -

Since the beginning of lockdown measures in late March, digital services have been the only recourse for consumers needing to prove their identity in order to access services, whether that... more

The post UK consumers confirm shift towards digital identity to be permanent appeared first on Payments Cards & Mobile.

Read more

Cyber Security, Daily news, E-Commerce, Fraud & Security, M-Commerce, malware, web skimming -

Kaspersky researchers have uncovered a new malware technique for stealing e-commerce users’ payment information from online shopping websites – a type of attack known as web skimming. By registering for... more

The post Attackers have found new malware to steal e-commerce users payment details appeared first on Payments Cards & Mobile.

Read more