Card fraud rises across Europe - ECB
July 22, 2015 - The European Central Bank (ECB) has reported an eight percent increase in fraud among cards issued or acquired within the Single Euro Payments Area (Sepa) for 2013.
EMVCo welcomes eight new members
July 8, 2015 - Payment industry engagement in the evolution of the EMVCo Specifications for payment technologies, including tokenisation and 3D Secure 2.0, has continued to increase, with eight new members joining EMVCo's Associate Programme in the past twelve months:
PCI SSC updates point-to-point encryption standard
July 1, 2015 - Today the Payment Card Industry Security Standards Council (PCI SSC) published an important update to one of its eight security standards, simplifying the development and use of Point-to-Point Encryption (P2PE) solutions that make payment card data unreadable and less valuable to criminals if stolen in a breach.
Speech: Fed Reserve governor Jerome Powell on building a safer payment system
June 26, 2015 - Governor Jerome H. Powell. At the Federal Reserve Bank of Kansas City Conference, "The Puzzle of Payments Security: Fitting the Pieces Together to Protect the Retail Payments System", Kansas City, Missouri. Building a Safer Payment System.
Fico records spike in cross-border debit fraud
June 25, 2015 - The percentage of fraudulent transactions occurring outside the UK in 2014 on UK debit cards rose 25 percent in a massive sample of cards studied by analytic software firm FICO.
Payments Council publishes ISO 20022 factsheet for real-time payments
June 17, 2015 - A ground-breaking agreement on international cooperation towards ISO 20022 has been reached following a roundtable facilitated by the Payments Council.
Nexo bids to drive unified card payment standards
June 15, 2015 - Nexo, the association set up to develop and promote open standards for card payments, has announced the findings of a study that explores the benefits of harmonising card payment acceptance for Europe's leading retailers.
Visa amends rules to help airline industry fight CNP fraud
June 9, 2015 - Visa Inc. announced at a recent meeting of the Airlines Reporting Corporation (ARC)-sponsored Credit Card Working Group (CCWG) that effective October 2015 it will accept airline-supplied flight manifests as a remedy for fraud payment card chargebacks.
