chip and pin street

Card fraud up by a quarter to £535m

News In a statement, an Apacs spokeswoman said: "Although card fraud levels have now begun to go up again due to fraud abroad and card-not-present fraud losses, chip and PIN has proved to be an undoubted success in reducing card fraud on the UK high... [12 Mar 2008]

Photos: Cambridge innovation day abuzz with fresh tech

Photo When the GrIDsure system is launched in October this year, it could be used on computers, mobile phones, ATMs and to redesign the existing chip and PIN system, according to its inventors. Users create a pattern by choosing four squares on a grid... [07 Sep 2007]

Would you credit it? The debit card turns 20

News Cunnington said the recent introduction of chip and PIN payments was another big change for debit card transactions. With the launch of the Barclays Connect debit card on 3 June 1987, the high street banking sector changed its relationship with... [01 Jun 2007]

Barclays rings in dot-mobi banking

News Barclays is the first organisation in the UK to roll out chip and PIN devices to more than half a million online banking customers, and it already offers an SMS text-alert payment confirmation system to combat potential fraud. [23 May 2007]

Re:Viewing 2006: The year in retail and leisure

News And while chip and PIN has helped reduce card fraud on the high street, criminals have turned their attention to the internet, phone and mail order transactions with a 21 per cent rise in card-not-present fraud since 2005. [18 Dec 2006]

Chip and PIN rollout '95 per cent complete'

News Chip and PIN has become a familiar fixture when paying for goods at most UK high-street retail outlets but one in 20 point-of-sale tills has yet to be upgraded There are around 900,000 face-to-face point-of-sale terminals across the UK and 860,000... [27 Nov 2006]

Is chip and PIN really a success?

News Because that day six months ago was also the deadline for the introduction of chip and PIN terminals in retailers across the country. Banks are today claiming that the chip and PIN story has been a success. [15 Aug 2006]

Plastic for the people - cash ditched for cards

News The results come six months after high street retailers implemented chip and PIN technology in their shops with the intention of making card payments a more secure process. Further reading.  Cheat Sheet: Chip and PIN   Cheat Sheet... [01 Aug 2006]

Are banks doing enough to stop online fraud?

News But all the security measures, such as key fobs and chip and PIN, are completely useless because they will never stop [fraud] altogether. The move is part of a trend by high street banks to reassure customers that online transactions are safe to... [06 Jun 2006]

Boots to in-source 100 IT jobs back from IBM

News But Boots announced its intention to scale back and renegotiate the outsourcing deal with IBM earlier this year, less than halfway through the decade-long contract, because much of the IT infrastructure renewal programme - including chip and PIN... [15 May 2006]

Banks aiming to alleviate online banking fears

Comment After chip and PIN was introduced in 2005, fraud in the high street fell but clearly migrated to other areas, such as phone, mail and online transactions. This was the latest in a spate of moves from high street banks to tackle fraud. [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. While fraud on the high street has dropped, the... [23 Mar 2006]

Boots to renegotiate £710m IBM outsourcing deal

News Boots initially signed the deal back in 2002, aiming to save £130m over 10 years with IBM managing an overhaul of Boots' IT infrastructure - data centre, in-store systems, networks and telecoms - and handling the retailer's chip and PIN rollout. [14 Mar 2006]

Paying by iris and fingerprint - the next chip and PIN?

News Stewart Hefferman, COO of ID verification company TSSI Systems, says biometrics are the way forward: "This is the next stage after chip and PIN. Cannon said: "The experience of chip and PIN is that anything that slows the payment process is unwelcome. [14 Mar 2006]

Chip and PIN leads to fall in UK card fraud

News But while chip and PIN has helped reduce card fraud on the high street, the figures show criminals have turned their attention to the internet, phone and mail order transactions with a 21 per cent rise in card-not-present fraud to £183.2m in 2005. [07 Mar 2006]

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