Banking 2020

NOVEMBER 24, 2015

First the good news – banks in Britain stopped nearly £1 billion in attempted fraud in the first six months of 2015. Banks prevented £7 in every £10 of attempted fraud, according to Financial Fraud Action (FFA) UK, which reports that losses on payment cards, online and telephone banking and cheques totalled £325.3

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Fraud Cards Cyber Security System 40

Banking 2020

AUGUST 27, 2015

The US has been identified as the leading country for card fraud, after a new study revealed almost half of global losses to the crime last year occurred in the nation. per cent of worldwide plastic card losses – including credit, debit and prepaid cards – took place in the US, amounting to $7.86

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Banking 2020

OCTOBER 14, 2015

Social network analysis for fraud detection is becoming an increasingly important and useful tool. As payment fraud continues to rise, particularly in the card-not-present (CNP) space, this approach is proving an effective fraud detection technique. Traditional methods for detecting fraud involve a silo approach.

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Analysis Fraud Payments Case Study 40

Banking 2020

DECEMBER 8, 2015

Mexico’s consumers are being hit by payment fraud losses, but they are prepared to do something about it. Fraud rises. In its latest country report on Mexico, The Paypers notes that consumers are exposed to fraud and are looking to their providers to tackle the problem. million cases of suspected fraud involving MXN 7.3

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Fraud Cards Online Strategy 40

PYMNTS

MAY 16, 2016

While Lending Club generally focuses its services on consumers, the implications of Laplanche’s resignation have echoed throughout the SME lending space as well and could see a further decline in banks backing small business loans offered through marketplace platforms. 65% of U.K. and U.S.

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Fintech Lending Fraud Cards 108

Banking 2020

NOVEMBER 28, 2015

As the US comes out of its first post-EMV liability shift months, it’s worth looking at how chip cards have evolved over the years to improve security and how lessons learnt in other countries have made smart cards more secure than ever. These were card-present frauds that managed to nullify the PIN. CDA explained.

Fraud 40

Fraud Cards Security Analysis 40

Banking 2020

NOVEMBER 8, 2015

The card giant says shoppers will be able to use their contactless device for high value payments at all contactless terminals across Europe by 2017. Retailers are already gearing up for accepting contactless at every point of sale terminal by 2020. Fraud question.

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Payments Fraud Cards Retail 40