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With more than a third of online shoppers (35 percent) having been a target of fraud over the past year and more than 100,000 consumers in the UK alone falling... read more

The post Fraud Report: How fraudsters dupe shoppers using words 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.

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.

Connectivity is changing the world and the way we interact with one another. Last year, figures showed that the global population owned around 6 billion connected devices, approaching one for each of the 7 billion people on the planet. But, even more remarkably, some estimates suggest this figure will rise to 20 billion by 2020 [...]

The post The future of identity and authentication – a bank perspective appeared first on Payments Cards & Mobile.

The fraudsters’ calculation is simple: where there’s a great deal of revenue to be earned, there’s a great deal of fraud to be committed. And where there’s even more revenue to be earned, there’s even more fraud to be committed. In international e-commerce, the signs are pointing the way to increased revenue – and the fraudsters [...]

The post Top 5 international fraud trends appeared first on Payments Cards & Mobile.