Martin Ruda
off

Growing number of High Street banks adopt UCN Plus fraud prevention tool

The TALL Group of Companies is working with a growing number of High Street banks that have all signed up as early adopters of UCN Plus in a move designed to strengthen the industry’s protection against cheque fraud within the UK’s payments system. Martin Ruda, Group...
Posted On 06 Feb 2020
Sune Gabelgård
off

Fighting Fraud in the 2020s

Payment fraud prevention is an increasingly complicated and constantly evolving business. Issuers and merchants everywhere are being challenged by a growing variety of payment methods, which are fuelling the rise of ever-more sophisticated card fraud techniques, observes Sune...
Posted On 07 Jan 2020
Morgan Jay
off

No Carrot for Non-Compliance – Only a Stick

Expectations of security are increasing in every region, making it vital that enterprises understand the risks posed to customer data and information in order to retain their trust. By managing new cyber security threats, asserts Morgan Jay, enterprises will be able to...
Posted On 29 Nov 2019
off

Christmas Cash-in-Transit safety campaign launched by BSIA and North West ROCU

The British Security Industry Association (BSIA) has partnered with the North West Regional Organised Crime Unit (ROCU) to launch a short animation video as part of concerted ongoing efforts to educate members of the public about how they can help to keep their communities safe...
Posted On 25 Nov 2019
off

Armor’s Black Market Report shows Cyber Crime-as-a-Service to be “thriving”

Cloud Security-as-a-Service provider Armor has released its annual Black Market Report which shows that Cyber Crime-as-a-Service is thriving, with cyber criminals staying ahead of the game by offering a raft of new goods and services – and even after-sales support. Armor’s Threat...
Posted On 10 Sep 2019
off

‘KYC’ compliance costing banks €50 million per annum as financial sanctions soar

A typical European bank serving ten million customers could save up to €10 million annually and avoid growing fines by the regulator by implementing technology to improve the ‘Know Your Customer’ (KYC) processes. That’s according to new research from Mitek and Consult...
Posted On 03 Sep 2019
off

BSIA Briefing

The idea that a vending machine could dispense chocolate bars, but not cash intrigued John Shepherd-Barron. That’s precisely why Shepherd-Barron set out to design and launch the first ATM, which appeared on the streets of London in 1967, writes Sarah Staff. Back then, the...
Posted On 30 Aug 2019
off

22% of banks in UK “not taking advantage” of FCA-approved background checks

BDO has stated that banks are concerned any failures during their due diligence process may potentially expose them to huge Anti-Money Laundering (AML) fines even if the process is fully compliant. Concerns over money laundering penalties mean that 22% of banks in the UK are...
Posted On 24 Jul 2019
Jeremy Fleming speaking at CYBERUK 2019
off

GCHQ director Jeremy Fleming delivers Keynote Speech at CYBERUK 2019

In his CYBERUK address to an audience of 2,500 people in Glasgow from across the tech community (including Government, academia and industry), GCHQ director Jeremy Fleming talked about the organisation’s cyber security mission in the third decade of the Internet age....
Posted On 24 Apr 2019
Andrew Henwood
off

“New wave of ATM ‘cash-out’-style cyber attacks hitting banks” warns Foregenix

A leading cyber security firm is advising financial institutions to take extra precautions to protect themselves against the growing threat of ATM ‘cash-out’-type attacks. Foregenix, which serves banks across the globe, warns the rise in these attacks can cause...
Posted On 11 Apr 2019