Guardian Analytics launches behaviour-based fraud prevention service for ACH transactions
by Kylene Casanova
Guardian Analytics, a US behavioural analytics fraud prevention software developer, have added a new ACH module to FraudMAP.
Minimizing Payment Fraud
Background
One of the biggest sources of fraud in most organisations is payment fraud. Typically the biggest sources of payment fraud are from: cheques particularly in accounts payable and disbursement accounts.…
Read moreUse a smartphone to verify online purchases
by Kylene Casanova
A new solution is coming to verify online purchases more secure. SafePay Solutions, a Canadian authentication based company, has revealed plans to launch a new tool which uses a smartphone to verify online purchases
EMV Chip and PIN is finally coming to the USA and the consequences are…
by Kylene Casanova
Most of the world has fully migrated, or is in the process of migrating to EMV Chip and PIN technology for debit and credit payments, according to EMVCo. At 4Q 2011 45% of cards were EMV compliant and 76% of termina
1.5% of airline online booking revenue lost to fraud. Customers happy to accept a robust screening w
by Kylene Casanova
Globally, 66% of airline merchants are seeing fraud levels stay the same or increase as they lose 1.5% of booking revenue to fraudulent transactions, according to the global Perfect Passenger Payment insights report
Digicel launches biometric identification system for international money transfers
by Kylene Casanova
Digicel Pacific Limited, a mobile network operator across the Pacific and a division of Digicel Group, today announced it is deploying biometric enabled payment systems into stores in New Zealand to offer its Digice
Europe card fraud peaked in 2008. Now landscape is changing with migration to Germany & France f
by Kylene Casanova
FICO, the analytics company, have found that technology is changing the fraud landscape in Europe. Card fraud has migrated from UK to other countries, notably France and Germany, over the last few years.
Warning: European Central Bank issues draft recommendations to increase internet payment security. I
by Kylene Casanova
The European Central Bank (ECB) has issued for public consultation new standards to increase the security of internet payments in the European Union.
Large companies and their corporate payments systems remain the prime targets for fraudsters, accord
by Kylene Casanova
The 2012 AFP Payments Fraud and Control Survey, sponsored by J.P. Morgan, found that two-thirds of companies were hit by attempted or actual payments fraud during 2011,
Global fraud levels on increase and still migrating to softer points. Shows need for constant attent
by Kylene Casanova
Fraudsters are innovative, persistent and always focus their attention on the easiest point.
New fraud service could cut payment card chargebacks by 43%
by Kylene Casanova
Retail Decisions (ReD) has announced ReD Fraud Alert, a service which enables issuers and merchants to exchange cardholder data and transaction histories to identify suspicious activity.
J.P. Morgan rolls out Safetech fraud tools in Europe
by Kylene Casanova
J.P. Morgan's subsidiary, Chase Paymentech, has rolled out its Safetech fraud tools in Europe to help protect retailers against online fraud.
UPS enhanced controls & fraud risk reduction tactics: 2004-2011
by Kylene Casanova
Ernie Caballero's impressive presentation at Eurofinance's International Cash Management conference in Rome entitled 'UPS Europe Treasury - International Cash Management'