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Featured Articles

  • ATM, Tech Players vie for Slice of Mobile Banking Pie

    Thursday, November 05, 2009

    Adoption of mobile payments and banking has a long way to go, despite industry hype. At least that’s the way a number of industry insiders closely watching the mobile landscape see it.

  • ACI Worldwide to Acquire Euronets Essentis Unit

    Sunday, November 01, 2009

    ACI Worldwide Inc. says its acquisition this week of Euronet Worldwide's Euronet Essentis Ltd. subsidiary will enable it to expand its relationships with large, global financial-services providers, including retailers with mass-scale card programs.

  • Card Guard

    Thursday, October 01, 2009

    Andrew Rochford, Business Solutions Consultant for the Middle East and Africa at ACI Worldwide, talks about how banks in the Middle East can use fraud-fighting technology to give their cardholders greater piece of mind.

  • The Difference a Year Makes

    Monday, September 14, 2009

    At this year’s Sibos, delegates are likely to be debating the fallout from the dramatic events that took place during last year’s event. But they’ll also be hoping for a much quieter week, writes Heather McKenzie.

  • Fighting UK Card Fraud

    Thursday, September 10, 2009

    Appeared in Spectrum, September 10, 2009 Card fraud cost the UK more than £600 million in 2008 according to APACS, and the UK banking industry is actively seeking to combat the growing problem. The battle is even more vital now, as research from Datamonitor(1) reports that despite efforts to combat fraud, the global financial crisis could accelerate a wave of financial crime targeting banks. Making the right investments in fraud prevention while under pressure to cut costs and ensure maximum return on investment, however, presents a particular challenge for today’s fraud managers.

  • Crossing Channels to Cross Up Fraud Defenses

    Tuesday, September 08, 2009

    Its name makes it sound a bit like a game. But "man in the middle," as the swindle is known, is an example of a modern, cutting-edge form of theft that victimizes banks and their customers.

  • 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.