Latest Results from /security
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Google Pay has received a revamp to make it easier for shoppers to see card benefits, use BNPL on more sites, and ditch CVV codes in favour of biometrics at checkout.
23 May 2024
Mastercard is using generative AI to double the speed at which it can detect potentially compromised cards.
Fraud losses in the UK dropped by four percent in 2023, but still topped the £1 billion high watermarket.
22 May 2024
Barclays has launched a monthly 'Scams Bulletin' to inform consumers of emerging trends in criminal fraud tactics.
21 May 2024
Payments firms are calling for a rethink of UK plans to protect victims of APP fraud, arguing that a refund cap of £415,000 will hurt smaller providers.
15 May 2024
Banco Santander has reported a data breach at a third party provider that exposed client and employee data.
14 May 2024
Global mobile banking trojan attacks on Android users grew by a third in 2023, while cryptocurrency-related phishing also saw a sharp increase, according to a Kaspersky report.
10 May 2024
Confirmation of Payee (COP) has a key role in the instant payments infrastructure as a service that verifies account names prior to making a payment, the scheme ensures that funds are being transferred to the correct account.
09 May 2024
The UK's Payment Systems Regulator is to extend its scam reimbursement programme to transactions taking place across the Chaps high value payments network.
08 May 2024
SoFi's self-directed retail brokerage unit has been fined $1.1 million by financial regulator Finra over ID verification failures that enabled thieves to steal $8.1 million from the accounts of customers at other financial institutions.
Belgium's Centre for Exchange and Clearing has selected SurePay to provide Confirmation of Payee technology to the domestic banking industry.
Visa is introducing a generative AI tool to assign real time risk scores to transactions in a bid to stop enumeration attacks that use automated scripts and botnets to test for vulnerabilities.
07 May 2024
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