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  • Ever Watchful Credit Card Companies Track Your Puchases to Make Sure You and They Aren't Scammed

    Sunday, August 30, 2009

    At noon, you use your credit card to pay for gas at a station in Columbus. An hour later, your card has been used to buy a $1,500 computer -- at a store in Moscow. Before the charge is approved, a sophisticated computer-monitoring system thousands of miles away raises a red flag, denies the charge and keeps you from becoming the victim of a crime -- all in a matter of seconds.

  • Skimmers and phishers can easily get hold of sensitive details

    Friday, August 28, 2009

    Dubai: Scammers live off of the wages of honest people not just by using stolen credit cards alone. Fraudsters can go on a spending spree once they have your credit card details. No physical card is necessary.

  • Payments supplement SEPA feature making the jigsaw work

    Tuesday, July 14, 2009

    With the announcement that French banks are delaying the implementation of the Direct Debit scheme in the Single Euro Payments Area by a year, and continued uncertainty and national disagreements about the Payment Services Directive (PSD), which is supposed to provide the legal framework for SEPA, the grand European harmonisation project is hardly running like clockwork. Dave Adams investigates the troubles, how the jigsaw can be made to fit, and looks ahead to a time when European-wide payments provide far-sighted banks with economies-of-scale savings and more business.

  • Keeping the money safe

    Wednesday, July 01, 2009

    For many years, fraud and anti-money laundering activities, where they existed, were separate functions for most banks, operating with different parameters and with little interaction.

  • Westpac New Zealand Launches ACI Proactive Risk Manager for Fraud Detection and Prevention

    Wednesday, June 17, 2009

    Westpac New Zealand has implemented ACI Proactive Risk Manager for Enterprise Risk solution on IBM's System z platform, announced ACI Worldwide, Inc. , a New York-based provider of electronic payments software and solutions. Westpac New Zealand chose the ACI solution to strengthen its fraud detection and prevention capabilities, to protect against the rising volume of fraudulent activities occurring worldwide.

  • Who's Who?

    Monday, June 15, 2009

    ACI Worldwide has named a number of new executives to key positions.

  • Fighting Cross Border Fraud

    Monday, June 01, 2009

    How can financial institutions stay one step ahead of fraudsters? Michelle Weatherhead looks at the latest technologies and methods designed to stop fraudsters in their tracks.

  • Where and how will banks make money in the new era

    Thursday, May 28, 2009

    The banking sector is waking up to a new age and many banks are reaching the conclusion that the road to future success lies in going back to basics.

  • New standard for encrypting card data in the works backers include Heartland

    Thursday, April 30, 2009

    ASC X9 standards body launching encryption initiative with breached payment processor Heartland Payment Systems playing a big role The same organization that led the development of security standards for payment-card magnetic stripe data and PIN-based transactions will soon begin work on a new specification for encrypting cardholder data while it is in transit between systems during the transaction process.

  • Swift how far will it branch out

    Wednesday, March 04, 2009

    First announced toward the end of Sibos 2008 in Vienna, Swift’s partnership with the reinsurance industry marks a further extension of the co-operative’s reach beyond the banking industry.