Banking 2020

SEPTEMBER 15, 2015

businesses and consumers complete transactions, as the nation is only just getting up to speed with EMV technology. In the UK, the scheme was launched nearly seven years ago back in May 2008, and in the years following there was a surge in online banking fraud. Drivers of change. Losses went from £22.6 in 2008 and £59.7

Fraud 40

Fraud Payments St. Louis Security 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. Why is ultraviolet technology more secure than other technologies?

Technology 57

Technology Fraud Security Study 57

Banking 2020

OCTOBER 9, 2015

Cases of card not present (CNP) fraud are continuing to rise across all corners of the globe, as EMV forces criminals away from traditional fraud channels. cents the year previously, and significantly higher than the less than one cent per $1,000 registered for cheque fraud. How can CNP fraud be prevented?

Fraud 40

Fraud Cards 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. In the US, fraud losses equated to 12.75c for every $100 spent in 2014. billion in 2020. This is according to The Nilson Report, which found 48.2

Fraud 40

Fraud US Cards National 40

Banking 2020

NOVEMBER 12, 2015

It was barely two years ago that the world’s first facial recognition payment system was developed, but now it seems this technology is set for lift-off globally. Finnish firm Uniqul launched biometric authentication technology in 2013, which used mathematical models of people’s faces to confirm users.

Technology 40

Technology Payments ATM System 40

Banking 2020

JANUARY 29, 2016

Protecting a financial services organization against fraud requires much more than a strong password policy and client education. The sophistication of cyber attacks and high risk of fraud necessitate a comprehensive anti-fraud program that includes policies, processes and technologies.

Fraud 40

Fraud Analysis Policies Training 40

Banking 2020

OCTOBER 12, 2015

Named after the three organisations that developed the specifications – Europay, MasterCard and Visa – EMV is the global benchmark for credit and debit cards that incorporate chip technology. The key benefit of EMV is to reduce fraud from counterfeit, lost and stolen cards. This can be done online or offline.

Fraud 40

Fraud Cards Security Data 40