Tag: Fraud

Internet economics – transforming payments is key to future growth

The internet will only get bigger and better. Or, that’s an impression you get from reading some of the reports compiled by the likes of Boston Consulting Group, McKinsey and any of the organizations looking at the impact of the Internet on our future economies. These reports are looking at the future of our economies, […]

EMV can eliminate fraud, not just shift it

You always see us say on this blog that EMV chip technology is more secure than magnetic stripe, and prevents payment fraud and use of counterfeit cards.  Well we don’t just say it – the stats confirm it.  Since the UK has implemented EMV, fraud has dropped steadily every year, and many other countries have […]

Patco ACH Fraud Case: Banks Need To Take Stronger Security…

What’s a “commercially reasonable” amount of security for a bank? We got one answer last week when a federal appeals court reversed a lower court’s ruling on the Automated Clearing House (ACH) fraud dispute between Patco Construction and Ocean Bank.  Patco sued Ocean Bank for having “commercially unreasonable” security in place after Patco lost more […]

Look how mobile is driving commerce – globally

There have been quite a few stories recently highlighting the importance that mobile plays in commerce nowadays. Whether research from the Centre for Economics and Business Research showing that sales through the mobile channel on the UK’s high streets now account for every £1 in £10 spent, the news that Oktoberfest drinkers in Munich will […]

Linking up the debate

Following my recent post on just how free America is when it comes to enterprise security and the CIO responsibility I had an interesting exchange on LinkedIn with a peer, Anders Rundgren of PrimeKey Solutions, who evolved the discussion. I like to share these conversations on our blog as I advocate the education and analysis […]