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25 JUNE 2017
This is the site of Card & Payments World, the well respected international newsletter providing in depth information on mobile, card and online payments and this is our daily news and resource site for subscribers who also receive 11 printed newsletters a year and three glossy magazines.

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article thumbnail Tuesday, 13 June 2017

No respite from payments cyberattacks
Email and account takeover are biggest threats Read more ...

 
     

Latest feature
     
 
Norway Payments Market Report

Norway’s mobile payments market is accelerating fast, but still somewhat behind its Nordic neighbours in terms of development.

DNB’s Vipps and Danske Bank’s MobilePay are the two main competing m-payment offerings in Norway, but a “bridge” is needed to link the Nordic schemes and fight international competition, according to the head of MobilePay Norway.
Read more ...
 
     
 
Don't miss
     
  IN THE MAY EDITION OF CARD & PAYMENTS WORLD

MERCHANTS & PAYMENTS: Sainsbury's boss says m-payment vendors 'a threat' to retailers
COMMENT:
M-wallet dissatisfaction feeds trend to retailer-led consortiums

GDPR: EU directive is coming soon: Are you ready?
ATMs: Celebrating 50 years of cash machines

PORTUGAL COUNTRY REPORT (PART 2): Economic recovery boosts cards
. Charts and market data
BLOCKCHAIN CASE STUDY: Disberse charity payments platform
THE BATTLE FOR BANK A/C ACCESS: Screen scraping vs. Bank APIs

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Card & Payments World | News - Fraud and SecurityWednesday, 21 June 2017

76 held in international eCommerce fraud crackdown
Arrests linked to 20,000 fraudulent transactions Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityTuesday, 30 May 2017

Infineon launches ‘post quantum cryptography’ security
Defence against quantum computing potential to defeat current encryption methods Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityThursday, 25 May 2017

Target to pay US$18.5m damages to US states
- Retailer pays despite breach due to a theft of credentials from third party vendor
- US$10m consumer class action settled last week
Read more ...

Card & Payments World | News - Fraud and SecurityTuesday, 23 May 2017

Swift issues customer security guidance
New controls policy Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityWednesday, 17 May 2017

PCI compliance cheap compared to EU GDPR say experts
If you thought PCI was expensive, then just wait for  the upcoming General Data Protection Regulation (GDPR). Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityMonday, 15 May 2017

Russian banks fend off cyberattack
Banks in Russia have been targeted by a massive cyberattack, according to the country’s central bank. Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityFriday, 28 April 2017

Financial data breaches skyrocket
Compromised records up by 937% in 2016 Read more ...

Card & Payments World | News - Fraud and SecurityTuesday, 25 April 2017

Cybersecurity spend not keeping pace with breach costs
Fines and business costs dwarf expenditure levels Read more ...

Card & Payments World | News - Fraud and SecurityWednesday, 12 April 2017

SWIFT launches real-time payment controls
New fraud and cyber-crime prevention service to flag suspicious transactions Read more ...

Card & Payments World | News - Fraud and SecurityMonday, 10 April 2017

Major Nordic banks combine to tackle cybercrime
Norwegian initiative expands across region Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityFriday, 07 April 2017

Cybersecurity hampers bank fintech collaborations
Institutions struggling to innovate quickly enough Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityTuesday, 04 April 2017

Europe and US banks fall short on email cyber-risk
More banks should deploy protocol to protect ecosystem Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityMonday, 03 April 2017

US fraud increases both online and offline
Skimming and CNP attacks on the rise Read more ...

Card & Payments World | News - Fraud and SecurityThursday, 30 March 2017

CNP drives 2% financial fraud increase
Mobile and biometrics provide long term solutions to ongoing problem Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityWednesday, 29 March 2017

Global data breaches up by 86%
Number of FS breaches down, but total amount of records stolen rockets Read more ...

Card & Payments World | News - Fraud and SecurityWednesday, 21 June 2017

76 held in international eCommerce fraud crackdown
Arrests linked to 20,000 fraudulent transactions Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityTuesday, 30 May 2017

Infineon launches ‘post quantum cryptography’ security
Defence against quantum computing potential to defeat current encryption methods Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityThursday, 25 May 2017

Target to pay US$18.5m damages to US states
- Retailer pays despite breach due to a theft of credentials from third party vendor
- US$10m consumer class action settled last week
Read more ...

Card & Payments World | News - Fraud and SecurityTuesday, 23 May 2017

Swift issues customer security guidance
New controls policy Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityWednesday, 17 May 2017

PCI compliance cheap compared to EU GDPR say experts
If you thought PCI was expensive, then just wait for  the upcoming General Data Protection Regulation (GDPR). Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityMonday, 15 May 2017

Russian banks fend off cyberattack
Banks in Russia have been targeted by a massive cyberattack, according to the country’s central bank. Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityFriday, 28 April 2017

Financial data breaches skyrocket
Compromised records up by 937% in 2016 Read more ...

Card & Payments World | News - Fraud and SecurityTuesday, 25 April 2017

Cybersecurity spend not keeping pace with breach costs
Fines and business costs dwarf expenditure levels Read more ...

Card & Payments World | News - Fraud and SecurityWednesday, 12 April 2017

SWIFT launches real-time payment controls
New fraud and cyber-crime prevention service to flag suspicious transactions Read more ...

Card & Payments World | News - Fraud and SecurityMonday, 10 April 2017

Major Nordic banks combine to tackle cybercrime
Norwegian initiative expands across region Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityFriday, 07 April 2017

Cybersecurity hampers bank fintech collaborations
Institutions struggling to innovate quickly enough Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityTuesday, 04 April 2017

Europe and US banks fall short on email cyber-risk
More banks should deploy protocol to protect ecosystem Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityMonday, 03 April 2017

US fraud increases both online and offline
Skimming and CNP attacks on the rise Read more ...

Card & Payments World | News - Fraud and SecurityThursday, 30 March 2017

CNP drives 2% financial fraud increase
Mobile and biometrics provide long term solutions to ongoing problem Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityWednesday, 29 March 2017

Global data breaches up by 86%
Number of FS breaches down, but total amount of records stolen rockets Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityThursday, 23 March 2017

Banks need their own cyber watchdog
Treasury committee head brands current system ’opaque and headless’  Read more ...

Card & Payments World | News - Fraud and SecurityThursday, 16 March 2017

Concerted effort to pause rise in financial fraud
Take Five Day asks customers to stop and think
Financial Fraud Action UK is running a campaign today to highlight the UK£2m lost each day to fraud. The total lost to financial fraud in 2016 was £768.8 million, an increase on the £755 million lost in 2015.
Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityTuesday, 21 February 2017

80% think mobile wallets are secure
US and Indian consumers have most faith in ability of organisations to safely store their data Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityFriday, 10 February 2017

GoCardless hit by burglary
Low-tech crime puts customer data at risk Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityThursday, 09 February 2017

Customers trust bank security more than banks
Gulf between consumer perceptions and reality Read more ...

Card & Payments World | News - Fraud and SecurityFriday, 03 February 2017

AI fraud prevention tool for banks
Solution for early detection of cyber hacks Read more ...

Card & Payments World | News - Fraud and SecurityTuesday, 10 January 2017

Ten-year Kuwait sentences for card fraud gang
12 members of international group convicted Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityFriday, 06 January 2017

“Major bank will fail after cyber-attack” claim
2.5 million attacks reported in last year Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityTuesday, 13 December 2016

Tesco Bank attack may be down to numbering error
FCA contacts other banks to check their systems Read more ...

Card & Payments World | News - Fraud and SecurityWednesday, 07 December 2016

Amex buys digital security provider
Acquisition to boost mobile anti-fraud capabilities Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityThursday, 01 December 2016

Trustech latest: Call for more focus on IoT security
Up to 30 billion connected devices by 2020 Read more ...

Card & Payments World | News - Fraud and SecurityTuesday, 22 November 2016

15 arrests after cross-continent card fraud operation
Police in Finland, Spain, UK and Canada take part Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityThursday, 17 November 2016

Tesco hack may have used cloned cards
Mass-cash-out using cards may have taken place, says security analyst Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityFriday, 11 November 2016

Malware linked to Tesco bank attack
Many other banks at risk, claim researchers Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityTuesday, 08 November 2016

How much would Tesco pay under GDPR?
Question arises of whether subsidiaries or parent companies will be held responsible for breaches Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityMonday, 07 November 2016

Tesco hack raises serious bank security questions
Current protect-detect-react model has “inherent flaw” Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityThursday, 27 October 2016

Nets cards hacked
Processor says foreign eCommerce company was compromised Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityTuesday, 25 October 2016

Global card fraud losses up by 20%
US accounts for nearly 40% of total Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityFriday, 21 October 2016

Indian card breach highlights lack of data sharing
Full details are still to emerge about the massive breach of Indian debit cards, but the revelations have thrown a spotlight on the lack of data sharing between banks. Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityMonday, 17 October 2016

Behavioural analytics as mobile app security tool?
Observing user behaviour in detail is ‘best chance’ to beat fraud Read more ...

Card & Payments World | News - Fraud and SecurityFriday, 23 September 2016

SWIFT to start daily anti-fraud reports
Latest measure to improve security after bank attacks Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityThursday, 22 September 2016

Surge in reported cyber-attacks on UK financial firms
FCA broadens focus to smaller companies’ defence capabilities  Read more ...

Card & Payments World | News - Fraud and SecurityTuesday, 20 September 2016

Financial fraud soars by 53%
One incident every 15 seconds in the UK Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityTuesday, 13 September 2016

Huge rise in US online fraud attacks
International transactions are hardest hit Read more ...

Card & Payments World | News - Fraud and SecurityWednesday, 07 September 2016

Romanian-Italian card fraud gang broken up
Fraudsters used phishing and ATM skimming attacks Read more ...

Card & Payments World | News - Fraud and SecurityTuesday, 30 August 2016

Sophisticated malware attack on Thai ATMs
Government bank forced to shut down manufacturer's machines Read more ...

Card & Payments World | News - Fraud and SecurityTuesday, 23 August 2016

Samsung Pay admits system can be hacked
'White hat' hacker demonstrates how attack can succeed Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityWednesday, 10 August 2016

Bitfinex hack causes security and secrecy protests
Virtual currency traders have to share costs of attack Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityTuesday, 09 August 2016

UBI breach highlights inter-bank payments security issues
US foreign currency account is targeted Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityMonday, 08 August 2016

Security
MasterCard changes specifications to guard against relay attacks
Researchers explain the principle of the chess grandmaster ruse

It is nine years since 'relay attacks' were first demonstrated by a team of computer scientists led by Saar Drimer and Steven Murdoch. Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityFriday, 05 August 2016

Card fraud rose in 10 of 19 European countries last year
18% UK increase largest in region Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityTuesday, 12 July 2016

Mexico and Brazil tops for card fraud
Underground now hard to distinguish from legitimate economy Read more ...

Card & Payments World | News - Fraud and SecurityFriday, 08 July 2016

105 card fraud syndicate suspects arrested
Counterfeiting group operated in in Asia and Europe Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityFriday, 08 July 2016

ID theft: Banks must look for device risk
Danger of reputational loss after 57% increase in victims Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityThursday, 23 June 2016

Swift threatens to cut off non-compliant banks
Network sets out new cybersecurity strategy Read more ...

 
     
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