Scammers are exploiting the convenience of contactless payments through a growing threat called contactless payment fraud, or ...
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Contactless card limits could soon be more than £100
You could soon be tapping to pay for things even more than £100, under proposals set out by the Financial Conduct Authority. We can’t promise you’ll have that much in your bank account if you do so, ...
Consumers could benefit from the convenience of contactless payment when making larger payments, under proposals being consulted on by the FCA. The FCA wants to give card providers the flexibility to ...
As contactless payments become ubiquitous, fraudsters are evolving new tactics to exploit them. A Near Field Communication (NFC) relay attack is one such threat. It intercepts and relays the ...
One unmistakable insight is that remote (online) transactions are the epicenter of payment fraud. The report shows that across cards, credit transfers, and e-money, the vast majority of fraudulent ...
Banks and card providers could gain flexibility to set their own contactless payment limits from March 19 ...
From the Archive’ is the regular column that revisits some of the more interesting retail stories covered over the past 30 ...
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