Fraud RSS

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

The post Fraud losses rising across Europe – UK see 8% drop in card fraud appeared first on Payments Cards & Mobile.

Clearing up the mess left behind by fraudsters is a serious challenge and sees financial institutions having to absorb the monetary and logistical damage of card payment fraud daily. Meanwhile,... more

The post Biometrics – Giving the finger to fraud appeared first on Payments Cards & Mobile.

Having splashed out $2.2 billion on iZettle, PayPal is continuing its spending spree on new technology with the acquisition of Simility, a fraud prevention and risk management platform, for a purchase... more

The post PayPal continues spending spree on Simility appeared first on Payments Cards & Mobile.

Fraud and fighting fraudsters is a complex and ever-evolving challenge. As consumers change the way they pay, fraudsters change the way they steal. For banks to keep up, these new battles require new tactics to minimize losses and reassure consumers. The rapid adoption of contactless payment cards has given rise to one such ‘new battle’, [...]

The post Fraud wars: how can biometrics help win the card fraud battle? appeared first on Payments Cards & Mobile.

The term on-demand refers to the way in which a good or service is sold as opposed to what is sold. The primary characteristic of on-demand is that the customer request is satisfied instantly even if the actual service is delivered a little later. According to Business Insider, “the number of companies, categories, and the [...]

The post How is the on-demand economy impacted by fraud? appeared first on Payments Cards & Mobile.