Global Risk Technologies, analyses recent moves from the payment giants to protect their market share against up-and-coming competitors. By the end of 2014, there were 1.5 billion payment cards in circulation in Europe which accounted for a combined value of €2.9 trillion. Visa is arguably the larger of the two schemes despite both payment giants
Innovative technologies impact almost every aspect of our daily lives, from the way we communicate and manage our health to the way we pay for things. The rise of digital payments and the convergence of these technologies is the most significant development since the introduction of payment cards half a century ago. The mobile phone
FICO , the leading provider of analytics and decision management technology, announced that card-not-present (CNP) fraud accounted for three-quarters of card fraud cases and fraud losses in the UK from 2012-2014, based on the payment cards in the FICO Falcon Fraud Consortium for Europe. Despite the dominance of CNP fraud, UK issuers have used anti-fraud
