Card fraud losses on UK-issued cards totalled £620.6 million in 2019, an 8% decrease from £671.4 million in 2018. At the same time, total spending on all debit and credit... more
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.
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
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.
For those less familiar, the Electronic Identification, Authentication and Trust Services, or the eIDAS system as it is more commonly known, came into effect on 1st July 2016, with Regulation (EU) 910/2014 on electronic identification... more
The post Everything you need to know about eIDAS for Open Banking appeared first on Payments Cards & Mobile.