More than 50 Percent of All Mobile Commerce Retailers Accepted Mobile Payments in 2013 But Fraud Threats Loom According to Study
February 3, 2014 - As retailers increasingly look to mobile as a way to generate revenue, fraud threats are impacting merchants to the tune of $283 for every $100 of actual fraud losses through the mobile channel, according to the LexisNexis® True Cost of Fraud(SM) Mobile Study released today. Conducted by LexisNexis and Javelin Strategy & Research, the study highlights key fraud issues effecting mobile retailers, while also articulating ways to combat retail fraud.
More US banks adding mobile payments technology
January 31, 2014 - A greater number of banks are embracing the trend towards mobile banking among their customers, according to a new report.
Barclays leads in online banking security - Forrester Research
January 30, 2014 - Barclays is the clear leader in Forrester's latest rankings of secure banking websites in the UK, and offers the most extensive online banking functionality out of UK's largest retail banks and building societies, according to a new report out today.
Accuity Launches Unique Cybercrime Solution Powered by Veri-Site
January 29, 2014 - Accuity, the global standard for payment efficiency and compliance solutions today announced the launch of their cybercrime watch list, powered by Veri-Site™. This solution is a proprietary, open source database that provides risk-relevant intelligence regarding rogue websites, IP theft, cybercrime, web-enabled transnational organized crime and sanctioned entities operating online. This new solution enables financial institutions and payment service providers to screen against high-risk entities that use the internet to conceal their true identity.
Acquirer Systems features at the 2014 Smart Card Alliance Payments Summit
January 29, 2014 - Acquirer Systems, the market leader in enterprise test and validation solutions for the payments industry, today announced that Ed Mastrangelo, Head of Business Development, North America, will be participating as a panellist at the Smart Card Alliance 2014 Payments Summit during the keynote session, "What Retailers Want and Want to Avoid with EMV and NFC".
Survey reveals 61% of Americans worried about online shopping security
January 28, 2014 - The recent data breach suffered by major retailer Target has had a significant impact on US consumers, according to a new report.
Fintech firms ready to challenge big bank technology
January 28, 2014 - Innovative start-up fintech firms are working on a range of new technologies that will require major banking institutions to change the way they operate.
GFG Group partners with fraud prevention experts ReD to provide advanced payments and card fraud risk management offering for issuers and processors
January 28, 2014 - International payments software solutions company GFG Group and world-leading fraud prevention provider ReD have formed a strategic alliance to provide an integrated fraud and payment processing solution to clients.
