Banking/Finance/Insurance - Articles - Page 32

New EMV Chip Cards Will Lead to Significant Increase in Online Holiday Fraud

November 18, 2016

One cyber company is predicting a significant increase in card-not-present fraud—fraudulent transactions where a credit card is not physically presented to a merchant—from Black Friday to Cyber Monday when compared to past years.

Colombia and Europe Join Forces Against Money Laundering

Kylie Bull

November 1, 2016

Colombia is to join Europol’s Focal Point SUSTRANS project, which targets organized crime networks involved in money laundering.

Payment Card Security and the Arrival of EMV

The risk of payment card fraud is real, driven by the momentum of eCommerce and its cashless consumerism, reliant on payment cards to perform so many transactions. However, the incidence of payment card fraud is expected to change.

Jim Romeo

November 1, 2016

In 2009 a hacker embedded malware on the point-of-sale (PoS) equipment at a Seattle eatery known as the Broadway Grill.

Donald Hill: Securing Special Events and High-Risk Areas

November 1, 2016

Security for Visa Inc. involves traditional physical security, staffing Global Security Operation Centers (GSOC), internal investigations, global travel security, risk management, intelligence and handling security for special events that Visa sponsors.

George Frandsen: A Focus on Training

Sarah Ludwig

November 1, 2016

Over the past few years, Florida Blue has changed into a not-for-profit mutual holding company that specializes in health solutions called GuideWell.

Where Does Fraud Happen Most in the U.S.?

October 27, 2016

Delaware and Florida are home to the highest rates of attempted credit card fraud, while Alaskans are the most likely to have their card details used fraudsters, according to a new report.

Lack of Contactless Card and Mobile Payment Education Hinders Adoption

October 25, 2016

Contactless payment systems remain largely unfamiliar to U.S. consumers despite a high level of satisfaction with the technology’s speed convenience and ease-of-use.

More Consumers Would Use Mobile Wallets if They Gave Something Back

October 17, 2016

After several years of slow adoption, mobile wallets are finally starting to gain real traction with consumers, but many still need an extra push to turn their mobile wallet use into a true habit.

New York Proposes Cybersecurity Regulations for Banks

September 15, 2016

Governor Andrew M. Cuomo announced a new regulation to protect New York State from cyberattacks.

Biometric Payments Trusted by Majority of Europeans

Kylie Bull

September 1, 2016

Visa’s Biometric Paymentsstudy, which surveyed 14,000 people across Europe, revealed that 73 percent of people think biometric security checks on a payments device is a secure authentication, with fingerprint the preference for 81% of consumers, followed by iris scanning.