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UK online retailer Shop Direct uses Fico technology to help prevent fraud

Fico, the predictive analytics and decision management software company, today announced that Shop Direct, the UK's second-largest pure-play online retailer, has had great success fighting multiple types of credit fraud using Fico technology and Fico analytics.

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EAST publishes European ATM fraud update

The European ATM Security Team (EAST) has just published its first European Fraud Update for 2016.

Journalists expose NatWest mobile security flaws

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Journalists expose NatWest mobile security flaws

NatWest and RBS are to upgrade mobile security procedures after BBC journalists broke into an online bank account and removed money.

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Ethoca joins with Pegasystems to fight against fraud

Ethoca, the industry standard for collaboration-based technology solutions that help card issuers and online merchants increase card acceptance and stop ecommerce fraud and disputes, today announced a partnership with Pegasystems Inc., (NASDAQ: PEGA), the software company empowering the world’s leading enterprises with strategic business applications.

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Nordea launches enterprise fraud management programme with Fico

Nordea, the largest financial services group in the Nordic and Baltic region, has purchased the FICO Falcon Platform to protect its 11 million customers from credit, debit and current account fraud.

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Heartland and Smart Card Alliance team on payments security training centre

Heartland Payment Systems (NYSE: HPY), one of the nation’s largest payment processors, today announced it has worked with the Smart Card Alliance to launch the National Center for Advanced Payments and Identity Security, a new training facility hosted by the Alliance.

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Experian clocks renewed surge in current account fraud

2015 was the year current account fraud surged and new figures show it is still the most targeted financial product.

Security experts warn of new breed of bank malware

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Security experts warn of new breed of bank malware

A Russian hacking group is infecting bank IT systems with malware that lets it hide fraudulent ATM transactions by automatically rolling back the withdrawals so that balances appear unchanged.

Wendy's investigates possible card data breach

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Wendy's investigates possible card data breach

American fast food chain Wendy's is investigating possible fraudulent charges to cards used at some of its restaurants.

O2 Travel Alerts takes the hassle out of overseas travel for UK card holders

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O2 Travel Alerts takes the hassle out of overseas travel for UK card holders

Mobile operator O2 has launched Travel Alerts, a new automated service trialed with UK card issuer MBNA, to overcome the tiresome requirement for consumers to alert their bank and unblock cards every time they travel abroad.

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JD Finance choses Experian for fraud protection

JD Finance owned by China’s largest online direct sales company JD, has selected Experian, the global leader in information services as a partner to jointly develop an anti-fraud system for online transactions.

Malware found at 250 Hyatt hotels

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Malware found at 250 Hyatt hotels

Hyatt Hotels has found signs of malware designed to steal payment card information at 250 of its sites.

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IBM buys Iris Analytics

IBM (NYSE: IBM) today announced that it has acquired IRIS Analytics, a privately held company specializing in real-time analytics to help combat payment fraud.

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SIA and Inform sign agreement to fight frauds on digital payments

SIA, a company specializing in the management of electronic payments, and INFORM, a leading company in risk management and fraud prevention solutions, have signed an agreement to offer an innovative fraud prevention and risk management service to SIA’s acquiring banks and financial clients across Europe.

Target reaches $39.4m data breach settlement

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Target reaches $39.4m data breach settlement

Target has reached a $39.4 million settlement with banks and credit unions over expenses accrued following the massive 2013 data breach at the US retail chain.

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Latest NCR payment suite certified PA-DSS 3.0 compliant

NCR Corporation (NCR), the global leader in consumer transaction technologies, announced today that the NCR Payment Suite, consisting of Authentic and Fractals, has been certified as PA-DSS 3.0 compliant by the PCI Security Standards Council (PCI SSC) – following on from successful certification of earlier versions of the products.

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Payfont raises £1.2 million

In the midst of the current cyber-attacks on firms such as “TalkTalk” and many others, “Payfont”, the Scottish Cybersecurity company have raised a further £1.2m from investors taking their funding to £2.8m since their move to commercialisation in July 2014.

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GPS implements D8 StrongHold for risk management

Global Processing Services FZ LLC (GPS), has implemented D8 StrongHold, a risk-management system, and so extended the services offered within its prepaid processing platform.

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NCR's Fractals introduces eBanking channel

NCR Corporation (NYSE: NCR), the global leader in consumer transaction technologies, has released the latest version of its Fractals enterprise fraud detection solution, which delivers new eBanking fraud detection, powerful new fraud management features and an enhanced user interface.

Biometrics backers push case for password-free payments

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Biometrics backers push case for password-free payments

Passwords could soon be a thing of the past according to speakers at this week's Money 20/20 event in Las Vegas.

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