Tag: Card Transactions
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Gemalto Supports Barclays’ Large-Scale Roll Out of Two-Factor Authentication Solution for Online Banking in the UK
Gemalto , a provider of digital security solutions, announced it is providing Barclays Bank plc, one of the largest financial services institutions in the world, with a tailor-made product supporting Barclays project to offer stronger authentication for online banking customers.
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Biometric Check Cashing Service Offers Fraud Prevention checks
Pay By Touch has launched Paycheck Secure which is a biometric check-cashing service that can help banks and credit unions generate additional non-interest fee-based income while decreasing the risk of fraud and meeting regulatory compliance requirements.
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Britain's Banking Fraudsters
An increasing number of customers are worried about internet security according to a report by the BBC.
The murky world of internet fraud has cast a shadow over online banking, which promised a revolution in the way we manage our money, but has since fallen victim to security scares and identity scams.
Meanwhile, fraudsters are using an increasingly advanced array of devices to tamper with bank cash machines, allowing them to copy - or skim - card details from unwitting customers.
Cash machine fraud totalled £65.8m last year, according to industry body Apacs.
In the face of a rising tide of consumer security concerns, two of Britain's leading High Street banks have announced separate plans to target internet and ATM fraud.
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