Mastercard's generative AI, an asset in the fight against fraud
Mastercard reports on the evolution of its anti-fraud system, highlighting the results of using generative AI to detect cards whose data may have...
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In brief: The Treasury is interested in Request to Pay
The modernisation of the administration's payment systems is a fundamental issue. In 2018, the DGFIP extended payment by direct debit by maki...
In-Car Payment: Alexa to Pay for Fuel
FACTS During the CES 2020, Amazon announced a strategic partnership with ExxonMobil and Fiserv.
Bluetana: New App for Fighting Skimmers
FACTS Researchers from the University of Illinois, Urbana-Champaign, and the University of California, San Diego, designed a mobile app for...
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...
Authentication: ANZ Planning Biometric ATM Roll Outs
ANZ is investigating the potential of biometric ATM authentication but hasn’t yet decided whichever process to favour (voice biometrics, face rec...
Skimming: New Targets for Fraudsters
ATM protection has been improving and fraudsters have had to think their targets over again. According to the BKA (Bundeskriminalamt), they now t...
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 ...
Portuguese Authorities Fighting ATM Thieves
The Portuguese Minister for Internal Affairs explains that 840 ATMs have been robbed over the past five years and that fraudsters have managed to...
Skimming: Singapore Customers Affected by Illegitimate Cash Withdrawals
DBS Bank is currently investigating a certain number of ATM frauds having affected over 200 DBS and POSB customers. Losses have been assessed at ...
New EAST Update
The European ATM Security Team (EAST) releases its third European Fraud Update for 2011 based on the information handed in by 21 SEPA countries a...
New Skimming Prevention Solution by Diebold
Diebold enhances its range of offers with a new version of Opteva BezelSentry Service designed to detect and avoid skimming attempts.By means of ...
Caisse d’Epargne and Transdev Launching the Citevia Card
Caisse d’Epargne and Transdev have launched a pilot contactless bank card with embedded transportation application to be used in Reims. ...
ATM Fraud: Thermal Camera an PIN code Retrieval
During the USENIX Security Symposium from 8 to 12 August 2011, researchers of the University of California presented their recent study Heat of t...
Mobile Cash Collection: Square Plans European Implantation
US-based Square, focusing on mobile cash collection via Apple and Android terminals, is planning to set foot in Europe starting 2012. Transaction...
ATM Security: When Social Media Can Help Secure ATMs
In January 2011, four Indonesian students from the University of Gajah Mada (Yogyakarta) took part in a national competition and developed an ATM...
Skimming: Dismantling of an International Network
Europol has just dismantled an international skimming network suspected to have stolen some 50 million dollars from banks and from their customer...
Rethinking Design to Fight Fraud
During the Design Against ATM Crime exhibition held in London from 16 to 21 June 2011, several projects dedicated to the development of safer and...
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...
Cardless Cash Withdrawals
US-based electronic payment processing solutions provider Payment Alliance International (PAI) has announced the deployment of MagTek’s Qwick Cod...
