Fraud & Security RSS

Card Fraud, Card fraud losses, card not present fraud, Cyber Security, Daily news, FICO, Fraud & Security, Risk & Compliance -

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

The post UK banks outperform rest of Europe in reducing card fraud appeared first on Payments Cards & Mobile.

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Daily news, FinCEN files, Fraud & Security, Payments News, Risk & Compliance -

Over the weekend the FinCEN files story broke, one of the most reputationally damaging stories related to major global banks. Leaked secret government documents reveal how the giants of Western... more

The post The FinCEN files: $2 trillion of dirty money washed through global banks appeared first on Payments Cards & Mobile.

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Cyber Crime, Cyber Security, cyberattacks, Daily news, E-Commerce, Fraud & Security, Identity -

The COVID-19 pandemic has seen the fastest transition of customers moving to the online space and witnessed an unprecedented surge in the creativity of credential-stealing cyberattacks. Now, online companies adapting... more

The post Human like e-commerce cyberattacks proliferate during pandemic appeared first on Payments Cards & Mobile.

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Biometrics, Cyber Security, Daily news, DIACC, digital ID, Digital ID & Authentication Council of Canada, Fraud & Security, Identity -

The Digital ID & Authentication Council of Canada (DIACC) has announced the launch of the Pan-Canadian Trust Framework (PCTF), a set of digital ID and authentication industry standards that will define... more

The post Digital ID framework to begin testing in Canada appeared first on Payments Cards & Mobile.

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API, Artificial Intelligence (AI), ATM, Cyber Security, Daily news, FinTech, Fraud & Security, Identity, Issuing & Acquiring, Mobile Banking -

Bank of America has recorded the most patents filed and granted in the first half of any year in the history of the company. Demonstrating the seriousness with which the... more

The post Bank of America sets record for patents filed and granted during H1 2020 appeared first on Payments Cards & Mobile.

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