Tag: Chip and pin

Why use secure eBanking devices?

Using secure eBanking devices reduces online fraud because a hacker cannot access (or take) money from your online banking accounts using only your stolen login information. The hacker would also need the device, a smart bankcard and reader or a secure USB token. Still not convinced you should use secure eBanking devices? Read on!

How can we fight online banking fraud?

Online banking fraud is down by nearly a third in the UK, according to banking industry group Financial Fraud Action (FFA) UK.  This is quite an astonishing figure, which the FFA attributed to a rise in anti-fraud software and chip-and-pin technology. It is great to see the UK demonstrating how to attack online banking fraud […]

NFC – What’s the view on the street?

It’s official. NFC is here; but how many people know it? We commissioned Opinion Matters to carry out research that highlights the need for consumer education on NFC – or to put it correctly: Near Field Communication, as only 32% of consumers know what NFC actually stands for, while one third of respondents worry about using a mobile wallet for security reasons.