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E-commerce Fraud Loss is Biggest Half-Yearly Total Ever Recorded

The popularity of internet shopping has helped to push up the ecommerce fraud loss figure to the biggest half-yearly total ever recorded by Financial Fraud Action UK. Within the latest half-year total, e-commerce fraud loss is estimated to be £110 million, marking a 23% jump compared with the first six months of 2013. Fraud is … Click to continue…

Bitcoin is Booming

The Bitcoin community is seeing unprecedented levels of innovation from businesses that are basing services on the bitcoin protocol. We’re seeing everything from payroll and bill payment services, through to crowd sale platforms and even services designed to let you sign documents directly on the block chain. With this innovation, the Bitcoin community is also … Click to continue…

Over Half of Web Traffic Now Comes From Mobile

According to a new report, more than half of visits to retail websites in the UK now come from mobile devices, further highlighting the importance of mobile commerce and the need to look after mobile customers. The latest IMRG Capgemini Report released this week has revealed that 51% of traffic to ecommerce sites in the … Click to continue…

Banks may still have the advantage, but they need to move fast

Banks have long enjoyed an unrivalled position of dominance in the payments world, but the advent of mobile payments is beginning to change all that. There is a steady rise of digital brands as credible providers of mobile payments, aggressively launching new mobile shopping and payments capabilities aimed at meeting the needs of today’s increasingly … Click to continue…

Mcommerce now accounts for 21% of all ecommerce sales

The global e-commerce market is growing rapidly as smartphone adoption accelerates. More people are using their mobile devices in their daily lives and this is putting more focus on mobile shopping. Using a smartphone to shop online or at a physical store is becoming easier and new mobile commerce services are proving to be rewarding … Click to continue…

Social Media, Social Caution

Social media is now an important part of everyday life. It connects us to new and old friends, job prospects, products and services. But like any new technology it also provides a way new way for criminals to steal your ID and money. Here’s Jumio’s top tips to keep yourself safe when using social media: … Click to continue…

Time to take mobile security seriously

With mobile technology continuing to play an increasingly important role in people’s lives, security cannot be ignored. With more merchants offering a mcommerce service, financial information will be trafficked through the digital space more frequently. Unfortunately, many devices and mcommerce sites simply do not have adequate security measures in place to protect everyone’s financial information. … Click to continue…

Europe is becoming a hotbed for card fraud

The UK, France and Italy experienced a year-on-year increase in card fraud losses in 2013. However, the study by Fico found that the Netherlands and Hungary reduced card fraud losses by a greater percentage than any of the other 18 nations assessed. According to data supplied by market intelligence provider Euromonitor International, overall losses reached … Click to continue…

United Airlines Launches Mobile App Passport Scanning

New feature enables more customers to check-in for international flights on mobile devices CHICAGO, Aug. 6, 2014 – United Airlines today became the first U.S. airline to offer customers the ability to scan their passports to check in for international flights via their iOS and Android mobile devices. United is offering customers the opportunity to … Click to continue…