Association for Payment Clearing Services (Apacs)

68 results about this entity

Period: 15 Sep 2004 - 24 Feb 2010

Apply Cancel
Consumer group calls on banks to shape up on card fraud

Consumer group calls on banks to shape up on card fraud

UK consumer rights group Which? has called on banks to take more responsibility for the escalating rates of card fraud by sending out unactivated replacement cards to customers and providing clearer security guidance.

Chip and PIN boasts 31% drop in counterfeit card fraud

Chip and PIN boasts 31% drop in counterfeit card fraud

Lost and stolen and counterfeit card fraud in the UK has fallen almost 30% in the first six months of 2005, following the nationwide introduction of chip and PIN cards at the point-of-sale.

Online card transactions soar

Online card transactions soar

More than 22 million adults in the UK made purchases online in 2004 accounting for 262 million transactions totalling £16 billion, according to research by payments association Apacs, which expects online payment volumes to rise to 1.2 billion by 2014, with total spending of around £60 billion.

UK banks launch credit card advice Web site

UK banks launch credit card advice Web site

The UK's Association for Payment Clearing Services (Apacs) has launched a new Web site designed to inform consumers of the choices, terminology and potential risks of borrowing money on credit cards.

Card skimming gang gaoled

Card skimming gang gaoled

A gang of five Romanian illegal immigrants have been gaoled for stealing more than £600,000 from UK bank accounts in an ATM card skimming scam.

Overseas fraud on UK plastic cards hits five-year low

Overseas fraud on UK plastic cards hits five-year low

Apacs, the UK industry association representing plastic card issuers, has revealed that card fraud committed abroad on UK cards has fallen to a five year low.

UK banks bow to pressure on payments

UK banks bow to pressure on payments

The UK banking industry has bowed to regulatory and consumer pressure and agreed to speed up online funds transfers.

Banks delay online fund transfers in bid to fight phishing

Banks delay online fund transfers in bid to fight phishing

Four of the UK's largest banks are delaying intra-bank online payments between accounts in an attempt to combat security breaches caused by online phishing attacks.

UK banks to establish two-factor security standard

UK banks to establish two-factor security standard

The UK's banks are expected to agree a common industry standard for two-factor authentication of online transactions next month in a bid to cut card-not-present fraud and losses from phishing scams.

Banks back UK ID theft Web site

Banks back UK ID theft Web site

A Web site designed to help businesses train staff to detect ID theft activity has been launched by the UK's fraud prevention service Cifas in partnership with Apacs and the British Bankers' Association (BBA).

Chip and PIN security flaw uncovered

Chip and PIN security flaw uncovered

An investigation by the UK's London Programme has uncovered a security flaw in Chip and PIN payment cards which allows fraudsters to disable and over-ride chip security measures using information embedded in the magnetic strip.

Phishing scams cost UK banks £12m in 2004

Phishing scams cost UK banks £12m in 2004

Direct fraud losses from online phishing scams in the UK reached £12m in 2004, according to statistics from the Association for Payment Clearing Services (Apacs).

Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.

Please read our Privacy Policy.

Accept