chip-and-pin apacs
Sainsbury's banks £3.5m on ATM security
News Research from banking industry body Apacs, found that cash machine fraud during the first three months of 2006 totalled £21.4m - an increase of 54 per cent compared to 2005 figures. Because they still carry the magnetic strip, chip and PIN cards... [30 Aug 2006]
Is chip and PIN really a success?
News The figures from banking industry group Apacs show that UK banks have issued 130 million chip and PIN cards - a figure that equates to 92 per cent of 141 million cards. Apacs said that as a result of the switchover, shoppers are safer and that... [15 Aug 2006]
Plastic for the people - cash ditched for cards
News According to figures from banking industry body Apacs, consumers spent a record level of £26.4bn per month via plastic cards in the first half of 2006. A spokesman for Apacs told silicon.com: "It's just part of a trend. [01 Aug 2006]
Plastic fantastic - the future of credit cards
News Industry body Apacs reports there are 31.6 million credit card holders in the UK today. And with chip and PIN and the UK's recent launch of the SkyCard (a credit card designed to fit the interactive slot on a Sky TV box), credit cards are evolving... [04 Jul 2006]
Are banks doing enough to stop online fraud?
News A spokesman for Apacs, the banking industry body, told silicon.com: "If you are a victim of phishing, for example, in this country you are refunded, so it could be as much in [the banks'] interests to make sure their customers are protected. [06 Jun 2006]
Leader: Should we now doubt chip and PIN?
Leader The crimes here were committed by people who according to Apacs had easy access to the systems, the terminals and the working-day processes of the petrol station or stations in question. This week we've heard that chip and PIN payments at Shell... [09 May 2006]
Shell's £1m chip and PIN fraud 'an inside job'
News A £1m chip and PIN fraud at a Shell petrol station was "an inside job", according to UK payments body Apacs. But a spokeswoman from Apacs told silicon.com criminals must have had easy access to PIN pads in order to modify them to enable the theft... [08 May 2006]
Banks aiming to alleviate online banking fears
Comment Apacs has recently developed a two-factor authentication standard for banks to adhere to, and testing of a two-factor system for purchases over the phone is set to begin at the end of this year. An Apacs spokeswoman told silicon.com: "The issue on... [28 Mar 2006]
Attorney general gets tough on fraud
News Since the introduction of chip and PIN technology in the UK, card fraud has fallen by 13 per cent to £439.4m in the 12 months, according to the latest figures from payments industry body Apacs. The government is to launch a national anti-fraud... [23 Mar 2006]
Chip and PIN leads to fall in UK card fraud
News UK card fraud has fallen by 13 per cent to £439.4m in the 12 months since the introduction of chip and PIN technology, according to the latest figures from payments industry body Apacs. Sandra Quinn, director of corporate communications at Apacs... [07 Mar 2006]
Leader: Keep ahead of the fraudsters
Leader Banking industry body Apacs said last year that it would have a standard for authenticating online and telephone transactions by the end of 2005. The introduction of chip and PIN technology has made it tougher to use stolen or faked cards to buy... [07 Feb 2006]
Chip and PIN doesn't mean the end of the war on card fraud
News Figures from banking industry body Apacs suggest 99 per cent of all cardholders have at least one chip and PIN card and 2.85 billion PIN-verified transactions took place in 2005. A spokeswoman for Apacs said: "What we've never said is that it will... [07 Feb 2006]
Government ID fraud claims - are they all they seem?
News APACS spokesman Mark Bowerman told silicon.com that ID fraud actually cost the payments industry just £36.9m in 2004 and that for the first six months of 2005 it has actually dropped by 16 per cent, mainly due to the introduction of chip and PIN. [02 Feb 2006]
"Antiquated" laws helping online fraudsters escape
News UK payments industry body Apacs has warned that data protection laws are hindering data sharing which could alert banks and retailers to fraud attempts. Riten Gohil of the fraud control division at Apacs told silicon.com: "The difficulties are that... [09 Dec 2005]
Chip and PIN shifts fraud to online shops and banks
News Fraudsters snatched £58m using stolen credit cards online in the first half of this year, and plundered £14.5m from internet banking accounts, according to new figures from payments association Apacs. [08 Nov 2005]
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