Banking 2020

NOVEMBER 25, 2015

China has introduced new draft rules that are intended to tighten regulations governing online payments in the country. Until now, this sector has been subject to very little legislation, but there have been claims that this hands-off approach has helped facilitate problems such as fraud and money laundering. A booming market.

Regulation 40

Regulation Online Marketing Payments 40

Banking 2020

OCTOBER 12, 2015

EMV cards have embedded microprocessors that make them much more secure than traditional magnetic stripe cards. EMV cards contain a microprocessor chip that securely holds information and performs cryptographic processing during a transaction. The key benefit of EMV is to reduce fraud from counterfeit, lost and stolen cards.

Fraud 40

Fraud Cards Security Data 40

Banking 2020

OCTOBER 22, 2014

From the retail point of sale to core banking systems, online security issues have dominated financial headlines in 2014. But amidst the reports of one data breach after another, check fraud has remained a constant thorn in the industry’s side, with 82% of U.S. Image courtesy of Digital Check.

Technology 57

Technology Fraud Security Study 57

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.

US 40

US Marketing Fraud Cards 40

Banking 2020

NOVEMBER 12, 2015

They’ll embrace it,” the company’s security expert Ajay Bhalla told CNN. More secure? Selfie Pay is not only an alternative to a PIN-based physical transaction in store or at an ATM, but also for online payments. “Online payments are always a big headache. Step-change?

Technology 40

Technology Payments ATM System 40

Banking 2020

OCTOBER 16, 2014

Unless you are a Luddite, the odds that your online credentials have been compromised are extremely high, even if you typically take defensive measures to keep from becoming a victim of Russian cyber criminals. Voices administrator malware security spam'

New York 78

New York New York City System Massachusetts 78

Banking 2020

FEBRUARY 25, 2015

Here’s a fun little stat from across the pond: The oldest customer of financial services conglomerate HSBC to have downloaded its banking app is aged 108. million people in the United Kingdom between the ages of 70 and 100 now engage in Internet banking. One note of caution here: Senior fraud already accounts for $2.9

Online 40

Online Millennials Video Technology 40

Javelin Strategy & Research

FEBRUARY 1, 2022

2022 Cyber-Trust in Banking Scorecard Javelin Report Date: September 27, 2022 Authors: Suzanne Sando , Alexander Franks Research Topic(s): Cybersecurity , Fraud & Security For consumers to trust their financial institutions, their expectations need to be met and exceeded. The scorecard assesses five companies examined in a.

Report 40

Report Digital Banking Fraud Mobile 40

Banking 2020

SEPTEMBER 14, 2015

Losing your phone is bad enough without identity fraud on top of it. Then when you pay online or in-person, you don’t have to enter your card number, and since your information is encrypted, it is also safe. The smarter option for managing multiple cards and logins is to use a mobile wallet like Apple Pay or Android Pay.

Mobile 40

Mobile Cards Apple Online 40