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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. Lemon... [19 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... [12 Mar 2008]
Experian adds anti-fraud tool
News According to banks clearing service VocaLink, two per cent of the six billion direct debit and credit requests fail or are applied to invalid accounts every year, costing £3bn per year in repair costs. [03 Oct 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... [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... [05 Feb 2007]
Banks fight e-fraudsters with two-factor authentication
News Identity theft emails, known as phishing attacks, cost banks £12m last year, according to the Association of Payment and Clearing Systems (Apacs). Barclays already offers an SMS text-alert... [05 Sep 2006]
Is fraud frightening online shoppers this Christmas?
News Although the overall use of credit cards is due to drop this year, the Association of Payment and Clearing Systems (Apacs) said more people are using them online for the fraud protection... [06 Dec 2005]
Chip and PIN heads for cyberspace
News Apacs, the Association for Payment Clearing Services, which is overseeing the rollout, insists that the new cards are much more secure than the old magnetic strip cards, despite claims that shoulder... [27 Sep 2005]
£200,000 card fraud gang jailed for four years
News Around £505m was lost to card fraud last year, according to Apacs (Association for Payment Clearing Services). Four men have been convicted in Cardiff crown court of... [12 Aug 2005]
'Banks must educate customers on fraud'
News The Association of Payment and Clearing Systems (Apacs) has estimated that card fraud stemming from online phishing attacks cost banks £12m last year. In a press... [04 Aug 2005]
Half of Brits don't have all chip and PIN cards
News But a spokesperson for the Association of Payment and Clearing Systems (APACS) said chip and PIN was only designed to stop lost and stolen card fraud. Of the 1,000... [19 Jul 2005]
HSBC rolls out anti-fraud software to card owners
News But a spokeswoman from the Association of Payment and Clearing Services said behavioural detection software is nothing new in the banking industry. HSBC is deploying anti-fraud software... [12 Jul 2005]
Royal Bank of Scotland takes lead with ID management
News The Royal Bank of Scotland is to provide digital certificates to 40,000 businesses connected to BACS, the UK payment and clearing organisation. The IT security services arm of the bank, TrustAssured, is... [28 Jun 2005]
Phishing targets put up their guard
News The Association of Payment and Clearing Services (APACS) has claimed that banking customers are waking up to the threats of online fraud. An APACS report on card... [24 Mar 2005]
UK card fraud fall will mean rise in ID theft
News According to figures form APACS (Association for Payment Clearing Services), fraud fell by five per cent in 2003 - down from £426.4m in 2002 and £402.4m last year. With phishing scams... [26 Aug 2004]
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