UK shoppers are set to spend £3 billion on Black Friday, with sales soaring by almost 40% on 25 November. Great news for retailers -- but also for fraudsters eager to cash in on high transaction volumes to exploit any security weakness.
Scams and online attacks are the main culprits behind the increase in financial fraud in the first half of 2016, new figures from Financial Fraud Action show.
In this guest post, Vlad Branin, VP, Professional Services, Zooz, talks about the ins and outs of US EMV adoption: process of rolling out and the specific benefits.
In this blog post, Michael Grillo, director, Marketing Line Leader, Merchant Solutions at ACI Worldwide, talks about the impact of fraud on a consumer and what it means for their relationship with their bank, and highlights that the fight against it requires a collective effort.
Over half a million people are expected to descend upon the streets of Rio this August to catch a glimpse of athletes like Usain Bolt have a shot at Olympic glory. But payment experts are warning people to be alert to the risk of card fraud.
Barclays has released a video showing a typical, yet complex, ATM scam that leaves people completely in the dark about the fact that they have just been scammed.
The rate of card fraud is rising around the world despite innovations in fraud prevention and adoption of the EMV standard, according to a new report of 6,000 people from 20 countries.
The threat of payments fraud is on the rise and while continued reliance on cheques makes businesses vulnerable to attack, business emails are increasingly popular for fraudsters.
Bringing the VC perspective to The Bancorp’s Finetics™ Studio during Money 20/20, is Dan Rosen, founding partner at Commerce Ventures based in San Francisco. Here, he talks about Commerce Ventures’ model and investing in the future of fraud prevention.
PAY.ON, an ACI Worldwide company, delivers white label global payment gateway solutions to payment service providers, ISOs, acquirers, ISVs, and VARs, enabling them to fully outsource payment transaction processing or integrate a gateway-to-gateway solution.
Michael Kaplan, CRO and General Manager at PayNearMe
