Card Fraud: France Still in Top 3 of Main Targets in Europe
Card fraud-related losses in Europe significantly decreased between 2012 and 2016 as authentication measures improved. The ECB just released thei...
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Card Fraud: 18,000 Notifications in Three Months
In line with the digital security project introduced in February, Police de Sécurité du Quotidien (PSQ), several tools have been implemented. Per...
Card Fraud: UFC Que Choisir Worried about Increasing CNP Fraud Figures
French consumer association UFC-Que Choisir is worried about current French online card fraud figures: its recent study reminds that online card ...
Card Fraud: Decrease in Skimming Figures in Belgium
In the beginning of 2011, the Belgian federation of the financial sector, Febelfin, announced that 23 Belgian banks decided to lock Maestro debit...
Revolut Bets on Machine Learning Technology to Reduce Fraud Rates
The British neo-bank Revolut introduces a new range of tools intended to address card fraud and money laundering issues. These services build on ...
Fraud Figures in the United Kingdom
The UK Cards Association report indicates a decrease in cheque-related fraud and online fraud figures in 2010 compared to 2009. Bank card fraud d...
Fraud Figures: UK Figures
According to the National Fraud Authority, fraud cost the UK some 38.4 billion pounds in 2010 (or about 45 billion euros), thus displaying a 25% ...
Fraud Situation in the UK
A new report released by the UK Fraud Prevention Service, CIFAS, highlights a 9% increase in fraud rates in 2011 in the UK (vs. 2010): personal a...
Lydia Applies Machine Learning Technology to Monitor Fraud Risks
FACTS At the NeurIPS conference in Montreal, the French challenger bank Lydia introduced a fraud prevention algorithm.
Geolocation: Visa Europe adopts VALid-POS
Visa plans to use mobile phone geo-location to fight bank card fraud by checking on its customers' presence at the time of the transaction (store...
ATM Solutions Joins South African Banking Risk Information Centre
South African specialist in ATM deployment ATM Solutions joins in the South African Banking Risk Information Centre (SABRIC). It is mostly compo...
EMV: Towards the end of magnetic stripe cards in Germany?
As the Bundeskriminalamt (Federal Criminal Police Office of Germany) has had to deal with increasing bank card fraud, it now wishes to see the en...
ADN’co Payments Insight – November 2018
Credit Transfer – Instant Payment Services Gaining Ground ITALY – SIA’s Instant Payment solution lands in the retail sector in partnership ...
Compliance: Visa Pleading for EMV
Visa intends to fasten the adoption of EMV in the US. According to this player, opting for dual mag-stripe/smartcard cards could help prepare the...
ADN’co Payments Insight – July 2016
Players’ strategies – When giants build bridges EUROPE – MasterCard would be getting ready to buy out most of VocaLink’s shares. The UK pro...
CB and the AFUB Wishing that Cardholders Could Still File Complaints
In a memo to the attorney generals in the French Courts of Appeal on 2nd August, the Ministry of Justice asks the police as well as the gendarmer...
Data Leaks: Hacking of Sony’s PSN, Legal Proceedings
In April 2011, Sony discovered its PlayStation Network (PSN) had been hacked. Now, users claim they have subsequently been affected by card fraud...
Annual Report on Payment Cards’ Security
This year’s Observatoire de la sécurité des cartes de paiement, released on 2nd July, highlights an overall fraud rate of 0.077% for 2011, up to ...
Data Security: Online Trade of Personal Data
Credit specialist CreditExpert (Experian) has been considering online personal data traffics and shows that more than 12 million pieces of inform...
