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Latest Results from /security

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EBAday 2024: 100 banks registered and ready to fuel the payments technology conversation

Q. What does the payments sector look for in a conference? A. The number of banks registered to attend and the number of bank speakers on the agenda, ready to openly communicate to the audience how they are currently leveraging technology.

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ABN Amro on alert as supplier hit by ransomware attack

ABN Amro is warning customers that their personal details may be at risk after a ransomware attack at one its supplier.

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Barclays invests in former Rise Academy alumni Velotix

AI-based data security platform Velotix has secured funding from Barclays Bank and Capri Ventures.

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Google Pay lets customers ditch CVVs for biometrics

Google Pay has received a revamp to make it easier for shoppers to see card benefits, use BNPL on more sites, and ditch CVV codes in favour of biometrics at checkout.

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Mastercard takes GenAI to the Dark Web

Mastercard is using generative AI to double the speed at which it can detect potentially compromised cards.

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UK bank fraud losses topped £1 billion last year

Fraud losses in the UK dropped by four percent in 2023, but still topped the £1 billion high watermarket.

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Barclays issues monthly 'Scams Bulletin'

Barclays has launched a monthly 'Scams Bulletin' to inform consumers of emerging trends in criminal fraud tactics.

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UK payment firms push back on APP fraud refund plan

Payments firms are calling for a rethink of UK plans to protect victims of APP fraud, arguing that a refund cap of £415,000 will hurt smaller providers.

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Banco Santander suffers data breach at third party supplier

Banco Santander has reported a data breach at a third party provider that exposed client and employee data.

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Global mobile banking malware surges 32%

Global mobile banking trojan attacks on Android users grew by a third in 2023, while cryptocurrency-related phishing also saw a sharp increase, according to a Kaspersky report.

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EBAday 2024: Confirmation of Payee’s impact on instant payments and fraud in Europe

Confirmation of Payee (COP) has a key role in the instant payments infrastructure as a service that verifies account names prior to making a payment, the scheme ensures that funds are being transferred to the correct account.

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APP scam reimbursement rules extended to Chaps

The UK's Payment Systems Regulator is to extend its scam reimbursement programme to transactions taking place across the Chaps high value payments network.