Risk & Compliance RSS

Cyber Security, Daily News, Internet of Things, IoT, Issuing & Acquiring, PKI, Public Key Infrastructure, Risk & Compliance, Tokenisation -

The rise of the Internet of Things (IoT) in the enterprise and its impact on how organizations design and build their public key infrastructure (PKI) is a key theme. Specifically, IoT is the fastest trend driving the deployment of applications using PKI. While external mandates and standards and enterprise applications have declined in companies’ concerns [...]

The post Evolving PKI trends and the impact of the IoT appeared first on Payments Cards & Mobile.

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Cyber Security, Daily News, E-Commerce, e-commerce fraud, Fraud & Security, Fraud Report, Identity, Issuing & Acquiring, Risk & Compliance -

The global e-commerce market continues to grow rapidly, and is predicted to be worth $2.4 trillion by 2019. As a result, the market continues to attract not merely ever-greater levels of fraud, but different and ever-more sophisticated types of fraud, too. The challenge it presents to merchants, which has always been large, is now greater [...]

The post Fraud Report 2017 appeared first on Payments Cards & Mobile.

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Daily News, Issuing & Acquiring, Regulation, Risk & Compliance -

The governor of the People’s Bank of China (PBOC), Zhou Xiaochuan has been recorded in the press as asking for his country to move open its financial sector. Zhou noted four key drivers needed to further open up the world’s second largest economy: greater foreign trade and investment, a more market-based foreign exchange rate mechanism [...]

The post Head of central bank of China calls for more approachable banking sector appeared first on Payments Cards & Mobile.

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Biometrics, Cyber Security, Daily News, Early Detection System, FinTech, Fraud & Security, Identity, Issuing & Acquiring, MasterCard, Risk & Compliance, Tokenisation -

It can now take as little as 9 minutes for stolen card and account data to be used via the dark web. With this in mind, Mastercard has announced the launch of Early Detection System, a new service that provides banks with a unique advanced alert for high-risk cards and accounts that are exposed in [...]

The post Mastercard launch Early Detection System to combat card fraud after data breaches appeared first on Payments Cards & Mobile.

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Daily News, Fraud & Security, Issuing & Acquiring, money laundering, Risk & Compliance -

Leading defence and security organisation, BAE Systems has set out six criminal types responsible for money laundering around the world, to help global businesses understand the motivations and modus operandi of criminals targeting their business. The company hopes to help businesses fight the significant threat posed by financial crime. Accounting for almost $2trn each year[1], [...]

The post Money laundering: the fifth largest economy in the world at 3% of global GDP appeared first on Payments Cards & Mobile.

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