More than 54 malicious APK samples have been identified, many disguised as legitimate financial or payment apps. Once ...
Losses Surge to €4.2 Billion. Europe’s latest payment fraud figures are stark. According to the joint 2025 EBA-ECB report, ...
The Financial Conduct Authority announced that it will be lifting the £100 contactless limit in March 2026. The news follows Barclays' research that found that almost 95 per cent of in-store card ...
A new digital payment scam called ‘ghost tapping' is emerging as a concern for travellers across popular tourist destinations ...
Ghost tapping is a fraud method that targets the “tap-to-pay” feature found on cards and mobile wallets. It involves using near-field communication (NFC) technology, which enables a card or phone to ...
"The direct impact is clear, giving consumers greater convenience while maintaining fraud protection." However, he highlighted some alarming projections: "FCA estimates indicate the change could cause ...
The UK Financial Conduct Authority (FCA) has announced it will lift the contactless payments limit starting in March. In a statement posted today, the FCA said this will remove red tape and provide ...
After being introduced in 2007 starting at £10, the contactless card payment transaction limit has been raised over time to £15 in 2010, £20 in 2012, £30 in 2015, £45 in 2020, and £100 in October 2021 ...
A significant alteration that could affect shoppers in supermarkets and other retail outlets across the UK has been scheduled ...
Contactless card payments are set to exceed £100 and potentially become unlimited under new proposals to allow banks and other providers to set limits. The proposals from the Financial Conduct ...