APACS

Online banking: Which bank is the most secure?

News According to payments industry body Apacs, online banking fraud is on the rise reaching £52.5m last year - more than double 2007's £22.6m figure. Not all online banks' security was created equal, according to new research. [28 Aug 2009]

£70bn birthday present for Faster Payments service

News According to figures from payments organisation Apacs, the peak day so far for Faster Payments has been 2 March, when around £1bn-worth of payments were made through the service. One year on from the launch of the Faster... [27 May 2009]

Faster Payments hits £53.5bn in under a year

News In the first quarter of 2009 alone, Faster Payments saw £20.6bn pass through its network according to statistics from UK payments association Apacs. Overseen by Apacs and run by payments processor... [18 May 2009]

Verified by Visa to get a facelift

News According to Apacs more than 25 million cardholders have signed up to use Verified by Visa or MasterCard's SecureCode payments services. Visa is to trial a new user interface for its secure online payment service,... [23 Apr 2009]

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. VocaLink pioneered electronic payments four decades ago and has been a driving force in electronic... [23 Mar 2009]

Online bank fraud doubles to £52.5m

News According to figures from payments industry association Apacs, online banking fraud reached £52.5m - an 132 per cent increase on 2007's figure of £22.6m. According to a spokeswoman for Apacs, the rise... [20 Mar 2009]

Faster Payments beats £1bn in one day

News On 2 March, the service processed five million interbank payments to set the new daily record, according to payments association Apacs. A spokeswoman for Apacs said by far the most common type of payment... [09 Mar 2009]

Barclays cards make contact with RFID tech

News Apacs, a UK trade association for the payments industry, said that it was familiar with the report by the Cambridge researchers. As of yesterday, Barclays customers getting new or replacement cards will receive ones... [03 Mar 2009]

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

News The UK payments association Apacs - whose members includes the UK's major high street banks - is worried that security features that would have made the card useful for checking identity in large money transfers and... [30 Jan 2009]

Credit crunch sees UK firms send techies to cops

News Police have already been in negotiations with industry groups including business association the CBI, payments industry association Apacs and UK fraud prevention service Cifas about businesses' vital role in bolstering... [19 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]

North West leading the rise of online banking

News A survey by UK payments association Apacs has revealed that 55 per cent of adults in the North West use phone or internet banking compared to 46 per cent in Yorkshire, the Humber and Scotland where take-up is lowest. [18 Dec 2008]

Credit card firms to share debtors' data

News UK payments association Apacs has brokered a deal between its credit card issuing members for them to share a greater wealth of customer information. Apacs claims the move is in line with the revised... [24 Nov 2008]

UK kids shopping online behind parents' backs

News According to payments body Apacs, card-not-present fraud rose by 37 per cent year on year in 2007 and has risen by 298 per cent since 2000. One in five under-16-year-olds are raiding their parents' purses without their... [14 Nov 2008]

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