APACS financial services

Chip and PIN for ID cards: Not such a sharp idea?

News According to Colin Whittaker, head of security for UK payments association Apacs, the inclusion of EMV tech on ID cards could ultimately see the cards offer a common standard for authenticating identity remotely using... [15 Apr 2009]

AppLabs Case Study: VocaLink

White Paper In October 2005, the contract to provide the central infrastructure for the new service was awarded by APACS to VocaLink. AppLabs was an important part of the testing team and was selected because of its ability to... [23 Mar 2009]

Banks: ID cards 'have been stripped of useful features'

News Head of security for Apacs Colin Whittaker told a conference hosted by the BCS Security Forum yesterday: "Some of the features we were expecting in the ID card are not going to be present for the foreseeable... [30 Jan 2009]

Faster payments system hits new £26bn heights

News According to payments industry association Apacs, 3.9 million FPS payments were made on 1 December 2008 - a new daily record for the service. In the first six months of operation, 63 million payments worth £26bn were... [02 Jan 2009]

Cheat Sheet: Faster Payments Services

Cheat Sheet Under the new system, which is overseen by UK payments association Apacs and operated by payment processor VocaLink and Chaps Clearing Company, payments can appear in the recipient's bank account up to two hours after... [22 Sep 2008]

Cash still king as Brits leave cards at home

News CPP pointed out, however, that tourists' concerns might be misplaced, citing Apacs data showing actual fraud abroad accounts for only 39 per cent of UK card theft and fraud. Even more are worried about fraudulent... [26 Aug 2008]

PC security warning for banking online

News Apacs said, as with card fraud, banks still assess online banking fraud on a case by case basis. A spokeswoman for UK payment association, Apacs, told silicon.com: "It's advice. Holly Marshal, business... [16 Jun 2008]

Apacs IT chief steps down

News According to an Apacs spokesman, Yoe decided to take voluntary redundancy as a result of the management restructure.silicon.com Financial Services Apacs IT chief Sue Yoe... [28 Mar 2008]

Locking down financial security

Comment While overall card fraud is falling, instances of online fraud are rocketing, according to UK payment association Apacs. Financial services companies have a unique challenge because... [24 Dec 2007]

Top 10 financial services stories of the year

News Apacs estimates five million contactless payment cards to be in circulation by the end of next year. While fraud on UK issued cash cards rose by 26 per cent in the first six months of 2007, Apacs... [17 Dec 2007]

Online banking fraud plummets

News Online banking fraud has fallen by 67 per cent during the first six months of 2007 compared to the same period last year, according to UK payments association Apacs. Apacs said the introduction of chip... [04 Oct 2007]

Faster bank transfers delayed to next year

News A spokesman from payment trade association Apacs, which is overseeing the project, told silicon.com: "The priority really for the industry was to agree the earliest day we could launch a reliable service.silicon.com... [15 Aug 2007]

Faster payments plan slows down

News A spokesman for UK payment trade association, Apacs - which is involved in the project - told silicon.com: "It's not common sense to launch it if we don't have 100 per cent confidence in the reliability of it. [13 Jul 2007]

Would you credit it? The debit card turns 20

News According to figures from industry group Apacs, 143 purchases are made with them every second, accounting for 6.8 billion transactions per year. With the launch of the Barclays Connect debit card on 3 June 1987, the high... [01 Jun 2007]

Database glitch delays salary payments

News UK payments association Apacs has guaranteed those affected - up to 400,000 people, or 1.6 per cent of today's Bacs payments - will receive their normal salary payments on Monday.silicon.com Financial... [30 Mar 2007]

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