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£400m card-fraud fight aided by intelligence systems

News The annual figures from the Association of Payment Clearing Services (APACS) show a five per cent drop in fraud due to a reduction in the amount of fraud committed abroad on UK cards. APACS said the... [09 Mar 2004]

5 years ago... Experts slam UK encryption plans

News Representatives of banking association Apacs and Chris Reed, deputy director of the University of London's Centre for Commercial Law, were giving evidence at the third round of Trade and Industry Select Committee hearings. [24 Feb 2004]

£1.1bn anti-fraud card scheme still on track

News The Chip and PIN project, which is backed by payment clearing body APACS, banks, card issuers and the British Retail Consortium, aims to issue 42 million people with 120 million of the new cards by 2005 as part of plans... [26 Jan 2004]

£110m internet card fraud down to shoppers

News The 'card-not-present' phenomenon has risen by a third over the last two years, and is largely perpetrated online by criminals using credit card details from customer receipts that have not been shredded or destroyed, according to... [10 Nov 2003]

£1.1bn fraud-busting bank card scheme goes nationwide

News The 'Chip and Pin' project, which is backed by payment clearing body APACS, banks and the British Retail Consortium aims to issue 42 million people with 120m of the new cards by 2005. Sandra Quinn, spokeswoman for... [02 Oct 2003]

Retailers warned over £1.1bn fraud-busting scheme

News The £1.1bn scheme is backed by the British Retail Consortium and clearing house body APACS and aimed at slashing the UK's annual £424m card fraud bill by 60 per cent. The largest ever trial of fraud-busting card... [11 Sep 2003]

Egg's aggregation site aggravates high-street rivals

News HBOS has slammed the initiative, claiming it breaches the voluntary guidelines laid down by banking watchdog the Association of Payment and Clearing Services (APACS). A spokeswoman for the bank told silicon.com: "We are... [17 May 2002]

William Hill stacks the odds against net fraudsters

News In March, the Association of Payment Clearing Services (APACS) said credit card losses for 2000 were up to £292.6m - £57m of which came from card-not-present transactions. The UK's second largest betting group William... [13 Aug 2001]

John Lamb's Week: Cyber terrorism and a ship full of IT directors

Comment UK fraud figures for 2000 from the Association of Payment Clearing Services (APACS) revealed total losses at £292m, compared to £135m in 1998, meaning the problem has more than doubled in just two years. [15 Jun 2001]

Dixons signs with Experian for secure e-payment system

News CNP transactions are particularly susceptible to fraud, according to recent figures from the Association for Payment Clearing Services (APACS), which revealed that CNP fraud was on the increase by 146 per cent. [27 Nov 2000]

This week in 1999: key escrow and chip security fears

News In evidence given to the Trade and Industry select committee, representatives of banking association APACs and the University of London's Centre for Commercial Law said third parties should not be granted access to... [24 Feb 2000]

Experts slam UK encryption plans

News Representatives of the banking association, Apacs and Chris Reed, deputy director of the University of London's Centre for Commercial Law, were giving evidence at the third round of Trade and Industry Select Committee... [23 Feb 1999]

Cruickshank heads up banking investigation

News The system will be compared to similar programs overseas, and the apparent monopoly over terms and cost of access to the transmission system held by the Association of Payment Clearing Services (Apacs) will be investigated. [25 Jan 1999]

UK cashpoints to take smartcards

News UK cashpoints will soon be able to accept smartcards after a joint initiative between the Association for Payment Clearing Services (Apacs) and cashpoint systems developer, NCR. The deal follows Apacs'... [14 Jul 1998]

UK Banks hope to play their smartcards right

News Banks and building societies in the UK are expected to commit to smartcard technology tomorrow, following the successful conclusion of trials coordinated by the Association of Payment and Clearing Services (APACS). [07 Jul 1998]

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