You could soon be tapping to pay for things even more than £100, under proposals set out by the Financial Conduct Authority. We can’t promise you’ll have that much in your bank account if you do so, ...
Scammers are exploiting the convenience of contactless payments through a growing threat called contactless payment fraud, or ...
As contactless payments become ubiquitous, fraudsters are evolving new tactics to exploit them. A Near Field Communication (NFC) relay attack is one such threat. It intercepts and relays the ...
Consumers could benefit from the convenience of contactless payment when making larger payments, under proposals being consulted on by the FCA. The FCA wants to give card providers the flexibility to ...
One unmistakable insight is that remote (online) transactions are the epicenter of payment fraud. The report shows that across cards, credit transfers, and e-money, the vast majority of fraudulent ...
Learn how card-present fraud occurs when thieves use counterfeit cards in physical stores. Discover detection strategies and the impact on U.S. transactions.
Millions of people will be able to set their own contactless card payment limits or even have no limit at all, a regulator has confirmed. Banks and card providers will be given the power, from March, ...