Articles with tag: losses

Found 14 results in 175 milliseconds.

Europe's card fraud value hits EUR 1.55 billion

06 Oct 2020 | Digital Identity, Security & Online Fraud

Data presented by Buy Shares has indicated that Europe’s card fraud value has hit EUR 1.55 billion with the UK accounting for almost half at 45.36%.

card fraud, fraud losses, CNP fraud, cybercrime, report

US-based banks face losses as personal loans decline continues

03 Sep 2020 | Payments General

Data and analytics company GlobalData has observed that US-based banks continue to face severe loses as they experience low net interest margins and falling fee income. 

US, banks, losses, personal loans, net interest margins, fee income, covid, consumer spending, credit card loans, retail banking, liquidity, low credit rates

Triodos Bank reaches GBP 1 billion lending in the UK amid COVID-19

24 Aug 2020 | Payments General

Sustainable bank Triodos has reached GBP 1 billion in UK lending while credit losses rise due to the coronavirus.

Triodos Bank, lending, UK, United Kingdom, covid-19, sustainable bank, credit losses, coronavirus, profits, credit loss provision, bank

China-based P2P lenders report USD 115 bln in losses due to scams

17 Aug 2020 | Digital Identity, Security & Online Fraud

Peer to peer (P2P) investors based in China have reported losses of over USD 115 billion in unpaid debt, due to failed lending platforms.

China, P2P lending, lenders, P2P lenders, scams, losses, unpaid debt, lending platforms, Chinese Banking Regulatory Commission, regulators, funds, investigations, scammers, fraudulent schemes

Barclays secures capital ahead of potential coronavirus-caused loan losses

14 Jul 2020 | Payments General

Barclays has announced that recent regulatory changes had boosted its core capital, giving the UK-based bank a buffer to absorb any further loan losses during the coronavirus crisis.

Barclays, capital, loan losses, coronavirus, banks, CET1 capital ratio, income, impairments, market income, regulatory changes

PayCertify, Chargebacks911 team up for a merchant services system to reduce chargebacks

27 May 2020 | Digital Identity, Security & Online Fraud

Online payment processor for the ecommerce, healthcare, and hospitality sectors PayCertify has announced its partnership with dispute management specialist Chargebacks911

PayCertify, launch, merchants, chargeback, losses, online revenue, Chargebacks911, management, ecommerce, online payments, data, fraud, customer behaviour, collaboration, partnership

Sift reveals ecommerce fraud tracker

27 Apr 2020 | Digital Identity, Security & Online Fraud

Sift has announced the release of its COVID-19 and E-Commerce Fraud Tracker, a weekly updating digest of changes in ecommerce and fraud amid the coronavirus pandemic. 

Sift, launch, COVID-19, coronavirus, ecommerce, fraud, trust, safety, cybercriminals, pandemic, shopping behaviour, payment fraud, losses, groceries online, physical ecommerce

FICO's Fraud Map reveals GBP 671 mln card fraud losses in UK 2018

09 Dec 2019 | Digital Identity, Security & Online Fraud

Analytics software company FICO has unveiled its annual interactive European Fraud Map, showing that card fraud losses in UK hit GBP 671 million in 2018.

FICO, fraud map, UK, card fraud, fraud losses, fraud mitigation, accounts, money laundering, banks, threats, stolen data

USD 27.85 bln losses reached in payment card fraud

22 Nov 2019 | Digital Identity, Security & Online Fraud

A Nilson Report has found that fraud losses worldwide reached USD 27.85 billion in 2018, and are projected to rise to USD 35.67 billion in five years.

payments, card fraud, fraud losses, fraudulent activities, cardholders, merchants, acquirers, ATM, card payments

HSBC reveals ATM update to make it harder for fraudsters to steal

13 Jun 2019 | Digital Identity, Security & Online Fraud

HSBC has rolled out new technology by introducing ATM dispensers, in a bit to make it harder for scammers to steal cash and to protect users.

HSBC, ATM, fraudsters, steal, cash, cash trapping, scams, ATM dispensers, fraud, criminals, UK, losses, transactions, victims

GSR reveals structured product to reduce crypto trading losses

14 May 2019 | Cryptocurrencies

Market making and algorithmic crypto assets trading company GSR has launched a new structured product called the Bitcoin Halo Option.

GSR, launch, structured product, cryptocurrency, trading, losses, Bitcoin, risks, payments, trades, security

Cybersecurity concerns delay digital transformation progress for APAC orgs

16 Jan 2019 | Digital Identity, Security & Online Fraud

Three out of five retails in Asia Pacific have been slowing down the progress of digital transformation projects due to the fear of cyberattacks, according to a Frost & Sullivan study.

cyber attacks, cybersecurity, Asia, APAC, financial losses, retail

Venmo seeks measures to deal with payments fraud

26 Nov 2018 | Digital Identity, Security & Online Fraud

After the wave of payments fraud earlier this year, Venmo has decided that, in order to diminish losses, they will shut down some user features to control the damage.

Venmo, PayPal, payments fraud, money losses, digital money, money transfer, fraudulent charges, bank accounts

SWIFT launches Payment Controls to prevent fraud

21 Nov 2018 | Digital Identity, Security & Online Fraud

SWIFT has introduced Payment Controls, an in-network solution to combat fraudulent payments, as well as to help strengthen customers’ existing security.

SWIFT, fraud, security, customer defenses, financial losses, threats, payments