Posted on 27 February 2024 by
A virtual card is an instantly created digital payment card connected to an end user’s bank account. It’s stored within an Issuer’s mobile application and works exactly like a physical card for payments both in-store and online. Virtual cards can have their own exclusive PAN number, expiry date and CVC, and they can be issued […]
Posted on 23 January 2024 by
Today, the EMV payment card is the dominant payment method in the world, for both at stores and for online purchases. EMV payment cards can be physical type of cards defined by ISO standards and made of PVC or eco-friendly materials. They can also be digital, inside mobile wallets, or virtual when issued in-app only. Each cardholder […]
Posted on 06 November 2023 by
If you work in the banking or payments industry, then no doubt you would have heard about the new Proposed Services Directive… also known as PSD3. But what does the new proposed regulation mean? How does it differ from PSD2? When does it come into force? We’ve summarised all you need to know below. What […]
Posted on 27 March 2023 by
With the news that cyber attackers used malware to steal millions from bank accounts across the world, banking security is more important than ever. According to the UK National Crime Agency, a recent spate of cybercrime attacks is estimated to have caused $100 million worth of losses globally. The attackers used a malware known as Dridex, […]
Posted on 23 March 2023 by
Have you heard of false declines? With the boom in internet shopping the amount of fraud taking place online has also risen exponentially. In response to this, financial institutions introduced numerous measures intended to help keep legitimate consumer financial transactions safe. A good example is if you have been trying to purchase something online and […]
Posted on 22 March 2023 by
ID documents come in many forms, from state-issued ID cards, to passports and driving licenses. These documents are a very valuable commodity – after all, they contain large amounts of personal information, and they’re used by governments around the world as proof you are who you say you are. Fraudsters have long been known to […]
