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Tag: Fraud & Security

Three-quarters of European banks to outsource payments infrastructure

A new study from leading banking and payments infrastructure specialists Tietoevry Banking reveals that almost three-quarters (73.2%) of European banks intend to outsource parts...

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Alert: BidenCash marketplace gives away data on 1.2 million credit cards

A dark web marketplace named BidenCash has released a massive file of 1.2 million credit cards data to promote the marketplace, allowing anyone to...

E-commerce fraud losses to exceed $48 billion globally

A new study from has found that the total cost of e-commerce fraud to merchants will exceed $48 billion globally in 2023, from just...

Mastercard launches contactless card for the quantum computing era

In Q1 2021, Mastercard saw 1 billion more contactless transactions compared to the same period in 2020, and in Q2 2021, 45% of all...

Report: Underscoring the importance of cybersecurity amid shifting fraud threats

Visa has shared an updated look at how fraud has evolved since the height of the pandemic, with criminals simultaneously targeting online and offline...

Mobile transaction security is failing – here’s how to fix it

In a new white paper, digital transaction security specialists CyberloQ argue current paradigms for securing mobile transactions don’t work. Failsafe authentication, including laser-focused geolocation...

Banque de France successfully pilots post-quantum security technologies

The Banque de France has successfully concluded an experimental project to test the implementation of a communication security solution using so-called “post-quantum” algorithms, that...

Banks don’t focus enough on user experience in transaction disputes

Recent work by McKinsey and Company has shown that banks improving their customer experience generate more revenue than their peers. Focus on user experience in...

Dispute Resolution: Banks are ignoring the customer, and it’s costing them

A new white paper by leading European banking infrastructure provider Nets says banks must do more to make initiating a disputed transaction easier for...

Pan-European payments pilot for EU digital ID wallet

A new multi-country consortium of Europe’s most trusted identity experts has announced its proposal to deliver a large-scale, cross-border payments pilot strongly aligned with...

CyberloQ launch proprietary Multi-Factored-Authentication technology

CyberloQ has announce a strategic collaboration for its proprietary Multi-Factored-Authentication (MFA) technology with Pannovate’s Banking Orchestration Platform. CyberloQ launch proprietary Multi-Factored-Authentication technology CyberloQ has created what...

The Verizon Business 2022 Payment Security Report

For more than a decade, Verizon has documented compliance trends in the evolving payment security industry. The Payment Security Report (PSR) has tracked compliance...

Report: Majority of countries have experienced increases in fraud losses

The ‘return to normal’ from the pandemic in 2021 was uneven across the continent due to variances in vaccine rollout, resurgence of Covid infections,...

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