Abrigo
OCTOBER 19, 2023
Ideas for educating and promoting cybersecurity in October Cybersecurity Awareness Month is an opportunity for banks and credit unions to promote online safety and take steps to reduce cyber risks. First held in 2004 The history of Cybersecurity Awareness Month October is a special month for cybersecurity enthusiasts.
PYMNTS
JUNE 4, 2020
The share of B2B transactions conducted via check has fallen 50 percent since 2004 and hit an all-time low of 42 percent last September, for example. We’re seeing a shift toward not only real-time payments, but also real-time treasury management, real-time forecasting and real-time fraud detection.”. API security.
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Fintech Labs Insights
APRIL 12, 2024
Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It was called Online Banking Report and was read by a sizable portion of major industry players. And each January, we ranked all previous recipients into a master list.
Javelin Strategy & Research
MARCH 27, 2015
A colleague of mine forwarded me an inbound email for an upcoming conference the other day titled “Chip Cards to Result in Massive Online Fraud”, asking where I stand on this, as if he didn’t know that this was effectively lighting the blue touch paper on a Roman Candle and running for cover.
Banking 2020
NOVEMBER 25, 2015
This has posed problems, not least the fact it’s the only country in the world where counterfeit card fraud losses are rising. Counterfeit card fraud to drop. In the UK, losses from domestic counterfeit card fraud fell straight away. Counterfeit fraud was cut by two-thirds in the years immediately after EMV rollout.
NCR
DECEMBER 8, 2016
The move to online retail, at the expense of the high street, has undoubtedly fuelled card payment growth. Perhaps the biggest shift has been in the fraud space. Mr Koch said: “Chip and PIN was introduced a decade ago to combat the rising levels of counterfeit and stolen card fraud in the UK. Contactless catalyst.
Banking 2020
OCTOBER 12, 2015
The key benefit of EMV is to reduce fraud from counterfeit, lost and stolen cards. After EMV chip-and-PIN cards were widely adopted in the UK in 2004, counterfeit fraud declined by more than 63 per cent in the ensuing years. This can be done online or offline. EMV cards are not a silver bullet for card fraud.
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