chip-and-pin apacs

Card fraud up by a quarter to £535m

News Apacs said £535.2m was lost to card fraud overall last year, due mainly to stolen UK card details used in countries yet to upgrade to chip and PIN - a 77 per cent rise on the year before.silicon.com Retail & Leisure [12 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. This year, banks including Barclays and the Royal Bank of Scotland group gave customers their own chip-and-pin card readers to... [24 Dec 2007]

Online banking fraud plummets

News Apacs said the introduction of chip and PIN has made it harder for criminals to commit card fraud in the UK, forcing them to go abroad where the tech is not in place. But Apacs predicts this effect will lessen as more countries roll out chip and... [04 Oct 2007]

Chip and PIN security warning for retailers

News The UK payments association Apacs has produced the Transactions with your chip and PIN terminal guidelines to highlight how card-accepting businesses can more effectively protect themselves and their customers. [06 Sep 2007]

Cheat Sheet: Chip and PIN

Cheat Sheet Since Chip and PIN was launched Apacs, the UK payment industry body, says it has had a significant impact in reducing fraud. Apacs also points out that in 2002, it forecast card fraud would hit £800m by 2005 if Chip and PIN was not brought in, so... [13 Jun 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. Cunnington said the recent introduction of chip and PIN payments was another big change for debit card... [01 Jun 2007]

Chip and PIN slaps face-to-face fraud

News According to Apacs cards and fraud control manager of operations, Martin Lewis, and head of cards technical unit David Baker, there are now 133 million chip and PIN cards in operation, supported by 900,000 sales terminals and more than 61,000 ATMs. [02 May 2007]

Online fraud up but card fraud down

News An Apacs spokeswoman said this fall is mainly due to the introduction of chip and PIN payment tech in the UK. Total losses through card fraud fell by three per cent in 2006 - from £439.4m in 2005 to £428m - according to the UK payments industry... [15 Mar 2007]

Chip and PIN on 98 per cent of UK tills

News More than 185 chip and PIN transactions take place every second, compared with 125 per second a year ago, according to payment body Apacs (Association for Payment Clearing Service). Roughly 900,000 shop tills have been upgraded to chip and PIN... [15 Feb 2007]

Chip and PIN takes off with BA

News BA is the first UK airline to achieve 'end to end' chip and PIN accreditation with the banks - which means every part of the payment process from the point at which the card is put into the machine to the point where card details are exported to... [05 Feb 2007]

Re:Viewing 2006: The year in retail and leisure

News Payments body Apacs claimed the glitch was an inside job. Chip and PIN. Retailers started off the year thinking about Chip and PIN. Chip and PIN has its share of critics but figures show 95 per cent of retailers are now using the technology and... [18 Dec 2006]

Chip and PIN rollout '95 per cent complete'

News There are around 900,000 face-to-face point-of-sale terminals across the UK and 860,000 - 95 per cent - have been upgraded to chip and PIN, according to payment industry body Apacs. A spokesman for Apacs said it is not compulsory for any retailer... [27 Nov 2006]

UK suffering fraud boom-time

News The number of phishing scams in the UK has escalated by 1,471 per cent in the last 12 months, the latest fraud figures from the UK payments association APACS revealed. Sandra Quinn, director of communications at APACS, told silicon.com: "It was... [07 Nov 2006]

Tesco hits back in chip and PIN row

News As of August, out of 900,000 face to face point of sale terminals in the UK around 50,000 were still not chip and PIN enabled, according to Apacs, the UK trade association for payments. These terminals are not chip and PIN enabled and do not... [06 Oct 2006]

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]

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