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Cheques go up in smoke but plastic is fantastic

News Cheque payments continue to decline in the UK as card transactions increase, according to UK payments association Apacs. Apacs director of communications, Sandra Quinn, said as retailers stop accepting cheques it is expected that a large proportion...

Tags: debit cards, cheques, apacs

[12 May 2008]

National fraud reporting centre to arrive next year

News Recently the UK's payment association Apacs launched the Payment Industry and Police Fraud Intelligence Unit to collate reports of fraud. A national centre to co-ordinate strategy for combating fraud in England and Wales should be in place by next...

Tags: security, cyber crime, fraud

[28 Apr 2008]

UK phishing attacks shoot up 200 per cent

News Phishing email attacks on the UK have gone up by 200 per cent this year, the UK payments association Apacs has warned. Apacs said consumers must be vigilant after the number of reported incidents shot up by more than 10,000 during the first quarter...

Tags: cyber crime, e-crime, phishing

[16 Apr 2008]

Apacs IT chief steps down

News Apacs IT chief Sue Yoe has left the organisation following a management restructure at the payment industry body. According to an Apacs spokesman, Yoe decided to take voluntary redundancy as a result of the management restructure.silicon.com...

Tags: id management, it director, apacs

[28 Mar 2008]

Police chief: Cyber crime is everywhere

News Her warning came as payment clearing industry body Apacs released figures showing that £532.2m was lost to card fraud in 2007 - a 25 per cent rise since 2006. The head of e-crime for the Serious Organised Crime Agency (Soca), Sharon Lemon, has...

Tags: soca, cyber crime, e-crime, campaign

[19 Mar 2008]

Police backs calls for e-crime unit

News The campaign has received backing from the Metropolitan Police, the Association of Chief Police Officers (Acpo), politicians, businesses, UK payment industry body Apacs and other corporate IT security heads.

Tags: cyber crime, nhtcu, e-crime, crime

[12 Mar 2008]

e-Crime Crackdown - silicon.com launches national campaign

News The campaign has received backing from the Metropolitan Police, Shadow Home Secretary David Davis, a former White House cyber security adviser, blue chip FTSE 100 companies, the Association of Chief Police Officers (Acpo), UK payment industry body...

Tags: cyber crime, e-crime, nhtcu, threat

[12 Mar 2008]

Card fraud up by a quarter to £535m

News Card fraud rose by 25 per cent in 2007, according to the latest figures from payment clearing industry body Apacs. 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...

Tags: chip and pin, fraud, apacs, card

[12 Mar 2008]

Recession fears squeeze tech budgets

Recession fears squeeze tech budgets

News Sue Yoe, director of technology, information and facilities for UK payment industry body Apacs, said: "We are keeping in mind the potential need to reprioritise projects and maintaining a flexible budget which can be focussed on different strands...

Tags: credit crunch, cio jury, recession, budgets

[24 Jan 2008]

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 estimated online banking fraud in the UK fell from...

Tags: mifid, apacs, lloyds, gartner

[17 Dec 2007]

Customer service warning for Xmas retailers

News A recent prediction from Apacs puts this year's Christmas spend in the UK at £5.6bn across December, an increase of 56 per cent on last year.silicon.com Retail & Leisure Retailers have been warned the increase in online sales over the Christmas...

Tags: customer services, email, christmas, online retail

[03 Dec 2007]

Christmas spend online to hit £5bn

News UK shoppers are forecast to spend more than £5bn online during December, according to UK payments association Apacs. There is also an Apacs website explaining how to sign up to security schemes such as Verified by Visa and Mastercard SecureCode.

Tags: uk, online, consumer, retail

[30 Nov 2007]

HMRC data breach prompts password and PIN changes

News But the UK payments association, Apacs, is encouraged as 62 per cent of those surveyed have checked their bank statements for any unusual transactions. Sandra Quinn, Apacs director of communications, said the survey indicates banks' customers haven...

Tags: customers, hmrc, fraud, accounts

[29 Nov 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 and PIN has made it harder for criminals to...

Tags: chip and pin, card fraud, online, fraud

[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.

Tags: security, fraud, retailers, apacs

[06 Sep 2007]

'Tap and go' plastic arrives in London

News Payments industry body Apacs estimates more than five million contactless cards will be issued by the end of 2008 in the UK and that they will be accepted by at least 100,000 retailers. MasterCard has launched its contactless payment tech in the UK.

Tags: mastercard, contactless cards

[04 Sep 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 Financial Services

Tags: payments, banks, oft, apacs

[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.

Tags: testing, delay, online, apacs

[13 Jul 2007]

March away from cheques continues apace

News Cheques account for just under a tenth of non-cash payments in the UK, according to Apacs. Transport for London (TfL) has joined an increasingly long list of UK organisations no longer accepting cheques as a form of payment.

Tags: cheque

[22 Jun 2007]

Techies "lack business and leadership skills"

News But Sue Yeo, Apacs director of technology, information and facilities, argued: "We shouldn't be so defeatist. Sue Yeo, director technology, information & facilities, Apacs Steve Gediking, head of IT at the Independent Police Complaints Commission...

Tags: itdf, cio jury

[13 Jun 2007]

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