payment card industry apacs

PC security warning for banking online

News A spokeswoman for UK payment association, Apacs, told silicon.com: "It's advice. Apacs said, as with card fraud, banks still assess online banking fraud on a case by case basis. Victims of online banking fraud who repeatedly fail to take... [16 Jun 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. Lemon warned that the internet was fuelling a rise in global credit card fraud and that... [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 fraud overall last year, due mainly to stolen UK card details used in countries yet to upgrade to... [12 Mar 2008]

'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. In a similar vein to London Underground's Oyster Card... [04 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. The ability to make a payment accurately without having to send off a cheque has created this online... [01 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. 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 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]

The Weekly Round-Up: 10.11.06

Round-Up You see there has been a 55 per cent increase in online fraud and a 37 per cent hike in card fraud, according to stats released this week by payment industry body Apacs. Searching through the rubbish can provide the person with all that they need... [10 Nov 2006]

Is chip and PIN really a success?

News The figures from banking industry group Apacs show that UK banks have issued 130 million chip and PIN cards - a figure that equates to 92 per cent of 141 million cards. Apacs said that as a result of the switchover, shoppers are safer and that... [15 Aug 2006]

Plastic for the people - cash ditched for cards

News According to figures from banking industry body Apacs, consumers spent a record level of £26.4bn per month via plastic cards in the first half of 2006. A spokesman for Apacs told silicon.com: "It's just part of a trend. [01 Aug 2006]

Plastic fantastic - the future of credit cards

News Industry body Apacs reports there are 31.6 million credit card holders in the UK today. But with contactless payment projects from the likes of MasterCard and Visa, and Transport for London - which uses the Oyster smartcard ticketing system... [04 Jul 2006]

Leader: Banks may regret Oyster e-money fiasco

Leader Cash is on the way out - payments made by coins and notes are in "slow decline", according to payments industry body Apacs. The Oyster scheme was a chance for the payment processors to sneak a little bit more of the cash market into electronic form. [09 May 2006]

Chip and PIN credited for £36m drop in card fraud

News Payment industry body Apacs claims the drop in fraud is a result of the increasing use of chip and PIN technology to authenticate card payments on the high-street. Half-year figures for fraud on card-not-present transactions and identity theft on... [10 Oct 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 surfing and other tricks are undermining them. [27 Sep 2005]

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