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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]
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. In 2006 the UK migrated retail and banking transactions to chip and PIN from the standard magnetic strip technology. [13 Jun 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. The spokeswoman said: "It's [chip and PIN] having the effect that it was brought in for. The banking industry is working on the next... [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). Chip and PIN has taken hold in UK shops with 98 per cent of all... [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 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 fraud has fallen since it was introduced. [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. Chip and PIN has become a familiar fixture when paying for goods... [27 Nov 2006]
Sainsbury's banks £3.5m on ATM security
News Because they still carry the magnetic strip, chip and PIN cards are also susceptable to skimming. 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... [30 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]
Plastic fantastic - the future of credit cards
News And with chip and PIN and the UK's recent launch of the SkyCard (a credit card designed to fit the interactive slot on a Sky TV box), credit cards are evolving beyond their original limitations. Industry body Apacs reports there are 31.6 million... [04 Jul 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. A spokesman for Apacs, the banking industry body, told silicon.com: "If you are a victim of phishing, for... [06 Jun 2006]
Analysis: Security, compliance and CRM in one
Comment The deployment of chip and PIN credit cards is a mass-market example. This effectively brings the chip and PIN system to a wider environment. PA Consulting's Hughes explains: "In the UK, [banking industry body] Apacs has developed a total... [15 May 2006]
Shell's £1m chip and PIN fraud 'an inside job'
News A £1m chip and PIN fraud at a Shell petrol station was "an inside job", according to UK payments body Apacs. Shell suspended the use of chip and PIN payments at 600 UK petrol stations over the weekend as a precautionary measure following the theft... [08 May 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. The government is to launch a national anti-fraud... [23 Mar 2006]
Chip and PIN leads to fall in UK card fraud
News UK card fraud has fallen by 13 per cent to £439.4m in the 12 months since the introduction of chip and PIN technology, according to the latest figures from payments industry body Apacs. But while chip and PIN has helped reduce card fraud on the... [07 Mar 2006]
