Latest Card fraud News: Finextra Research

Darkode hacking forum dismantled by authorities

International authorities have shut down one the most notorious and active online forums for cyber criminals and left more than 70 people across the globe facing charges or search warrants.

16 July 2015

News/Card fraud

French card fraud rates fall

For the first time in more than a decade, the fraud rate for card transactions in France fell slightly last year, new figures show.

13 July 2015

News/Card fraud

$14m ATM heist gang member jailed

A cybergang member has been sentenced to 50 months in prison for his part in a global ATM heist that saw $14 million dollars stolen in a single weekend.

06 July 2015

News/Card fraud

Trump hotels investigate card breach claims

Donald Trump's luxury hotel chain appears to have fallen victim to a data breach that has seen credit card data compromised.

02 July 2015

News/Card fraud

MalumPoS malware targets Oracle Micros platform

Cyber-criminals are using a new strain of malware to target point-of-sales system running a type of Oracle software popular with US firms in the hospitality industry, warns security outfit Trend Micro.

10 June 2015

News/Card fraud

Home Depot battles bank and consumer lawsuits over data breach

The legal fallout from Home Depot's data breach continues, with the retail giant asking a court to dismiss a consolidated class action lawsuit filed by consumers just as a collection of financial institutions launch their own suit.

02 June 2015

Company update/Card fraud

Sysnet appoints Ted Lasch SVP, sales, Americas

Sysnet Global Solutions, a leading provider of Payment Card Industry (PCI) compliance management services specialising in PCI DSS and merchant intelligence solutions, announced today that it has appointed Ted Lasch as SVP of Sales, Americas.

26 May 2015

News/Card fraud

MasterCard's $19m Target settlement falls through

MasterCard's $19 million settlement with Target over the retailer's data breach has collapsed in the face of opposition from banks.

22 May 2015

News/Card fraud

US proximity payments will rise, but slowly says Aite

The US retail m-commerce sector will be worth $536.5bn by 2020, from a base of $112.5bn in 2015, Aite Group is predicting in its new report entitled 'Mobile Proximity Payments: A Disruption in the Force'. It is predicting the specific mobile proximity segment will lag behind, however, reaching $487bn by 2020 from just $7.5bn now.

15 May 2015

Company update/Card fraud

Ethoca appoints new heads of EMEA & A-P

Ethoca, a fraud intelligence and card acceptance real-time information provider, has appointed Keith Groves and Brett Small to drive its network expansion in EMEA and Asia-Pacific (A-P) respectively.

15 May 2015

Company update/Card fraud

Sally Beauty confirms data breach

Sally Beauty is updating its customers today on its ongoing investigation of unusual payment card activity and on efforts to provide support to any customers who may have been affected by the incident.

14 May 2015

News/Card fraud

Getin Bank introduces world’s first DCVC card

Getin Bank has launched a pilot programme with MasterCard to introduce a revolutionary new dynamic card verification code (DCVC) on the back of its payment cards in Poland.

14 May 2015

Company update/Card fraud

Cardtronics and CST Brands partner on ATM services

CST Brands is to run Canadian ATM services and roll out new machines on behalf of Cardtronics’ Corner Store retail client, which has locations across Quebec, Atlantic Canada and eastern Ontario.

13 May 2015

Company update/Card fraud

Tuxedo suited up for MasterCard principal membership

Tuxedo Money Solutions, the UK-based international payments technology firm, has been awarded principal membership of MasterCard.

13 May 2015

Company update/Card fraud

Ethoca appoints Lopez as new global director

Fernando Lopez has been appointed as the new global director of issuer channel development at Ethoca, a fraud intelligence and card acceptance real-time information provider.

13 May 2015

Company update/Card fraud

Apriva mobile payment SDK aimed at Android/iOS

Apriva has announced a new software development kit (SDK) in support of its secure payment gateway.

13 May 2015

News/Card fraud

ANZ survey shows growth of online money management

Australians are relying more on digital platforms to manage their money. ANZ’s latest Adult Financial Literacy Survey found that nearly three quarters of people now bank online, up from 63% during the last 2011 survey.

13 May 2015

Company update/Card fraud

Compass Plus opens new UK office & data centre

Compass Plus, a provider of retail banking and electronic payments software and services to processors and banks, has opened a new office and data centre in Nottingham, UK, in the expectation of growth.

12 May 2015

News/Card fraud

EBA explores digital interfaces and crypto-technologies

The Euro Banking Association (EBA) has published two ‘hot topic’ reports on Digital Customer Service Interfaces (DCSI) and crypto-technologies at its EBAday payments conference today in Amsterdam, the Netherlands, with the intention of detailing the electronic payments landscape of the future.

12 May 2015

News/Card fraud

Droplet raises £0.5m on CrowdCube

Droplet, a UK mobile payments start-up that is targeting debit and credit card transactions, has closed its final seed investment round on CrowdCube today, having raised 115% of its target. The company secured £574,650 from 328 investors.

12 May 2015