Skip to content
Risk & Compliance RSS
UK banks outperform rest of Europe in reducing card fraud
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.
The FinCEN files: $2 trillion of dirty money washed through global banks
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.
New web card skimmer steals credit card data and sends via Telegram
The digital card skimmer landscape keeps evolving, often borrowing techniques used by other malware authors in order to avoid detection. Defenders of the ecosystem look for any kind of artifacts... more
The post New web card skimmer steals credit card data and sends via Telegram appeared first on Payments Cards & Mobile.
AusPayNet report shows sharp decline in card fraud in 2019
Data released by the payments industry self-regulatory body Australian Payments Network (AusPayNet) revealed a 19.5% decline in card fraud in 2019, the biggest decline since fraud data was first published.... more
The post AusPayNet report shows sharp decline in card fraud in 2019 appeared first on Payments Cards & Mobile.
2020 AML fine values already surpass 2019
Duff & Phelps has launched its seventh annual Global Enforcement Review. The report found that H1 2020 has seen an uptick in AML fine values globally totalling $706 million compared... more
The post 2020 AML fine values already surpass 2019 appeared first on Payments Cards & Mobile.
