Is the stress of card fraud worth the digital convenience?
With a growing portion of consumers having now fallen victim to card fraud, anxiety about the security of our digital accounts is spiking, according to a survey by Marqeta. …
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Merchants must find ways to balance security with a seamless customer experience
69% of U.S. merchants reported that significant amount of company time and expense is dedicated to dealing with payment fraud, in a survey by American Express. Balance …
Cybercriminals targeting e-commerce website vulnerabilities this holiday season
Expect unprecedented levels of online data theft this holiday season due to a lack of deployed client-side security measures. Disturbing lack of security measures Tala …
Do your infosec habits make you vulnerable to fraud?
A third of Americans have been a victim of information fraud or identity theft. Despite notable data breaches in 2019, when asked if they update or change passwords/PINs after …
Cardholders still dropping the ball when it comes to basic ID theft prevention
Four in 10 people with a credit or debit card have provided their full Social Security number in an online form in the past month, according to a new report from CompareCards, …
Flaws allow attackers to bypass payment limits on Visa contactless cards
Flaws that allow attackers to bypass the payment limits on Visa contactless cards have been discovered by researchers Leigh-Anne Galloway and Tim Yunusov at Positive …
Established companies leveraging fintech capabilities for growth
As new technologies and regulations bring new opportunities and challenges to the financial services industry, nearly two-thirds of established companies are leveraging …
Banks continue to prioritize risk management over customer convenience
Almost three in four banks in Asia Pacific anticipate that fraud in their country will increase in 2019, according to a recent poll by FICO. Of specific concern are …
In a post-EMV world, fraud is shifting from in-person to ecommerce channels
Three years after the switch to new chip-based credit and debit cards, a study by the National Retail Federation and Forrester says payment card fraud is still a top concern …
Mobile payment card cloning: Understanding the risks
Mobile contactless payments have grown exponentially and Host Card Emulation (HCE) – the possibility to emulate payment cards on a mobile device, without dependency on special …
Major international law enforcement operation targets airline ticket fraud
193 individuals suspected of traveling with airline tickets bought using stolen, compromised or fake credit card details have been detained in a major international law …
Amex users hit with phishing email offering anti-phishing protection
American Express users are being actively targeted with phishing emails impersonating the company and advising users to create an “American Express Personal Safe …