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Technical body EMVCo today publishes transaction data that reflects year-on-year growth in the number of contact and contactless card-present payments using EMV® chip technology.

Tesco Bank may have left itself open to fraud by issuing debit cards with sequential numbers, according to a report by the FT.

Tesco Bank has refunded £2.5 million to 9000 customers who fell victim to a fraud that siphoned money from their current accounts over the weekend.

Debit card numbers are growing faster than credit cards – a trend that is set to continue for many years to come, according to strategic research and consulting firm RBR.

UK consumer group Which? has slammed the country's high street banks for failing to adequately protect customers from online scams.

MasterCard is launching its Identity Check Mobile technology in 12 European countries, enabling online shoppers to authenticate themselves through facial recognition and fingerprints.

Technical body EMVCo and PCI Security Standards Council have announced that they are collaborating to support the upcoming launch of 3-D Secure 2.0 (3DS 2.0). The announcement was made at the PCI Security Standards Council Community Meeting of global cyber security experts in Las Vegas, U.S, last week (20-22 September).

A year after the official launch of chip payment technology in the US, Visa is claiming steady progress, with the country already its largest EMV card market and fraud rates falling sharply.

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