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Online fraudsters turn to cards as banks toughen up
...fraud is down but online purchases using stolen card details have shot up, according to figures from Apacs. The UK payments body said that losses in the UK to online banking fraud fell by 33% to £22.6m in 2007 compared with 2006. A 44... http://www.computerweekly.com/Articles/2008/03/12/229818/online-fraudsters-turn-to-cards-as-banks-toughen-up.htm
Retailers use trial lessons to prepare for national roll-out of chip and Pin systems
...and debit card fraud reached a record high in 2002, with £424m worth of fraudulent transactions, according to UK payments body Apacs. Without the introduction of chip and Pin technology, which requires cardholders to authenticate purchases... http://www.computerweekly.com/Articles/2003/09/22/197414/retailers-use-trial-lessons-to-prepare-for-national-roll-out-of-chip-and-pin.htm
Public unaware of banks’ Faster Payments initiative
...invested significant resources in ensuring their systems are ready to offer the Faster Payments service. Banking payments body Apacs has indicated the initiative is costing the banking industry an estimated £300m to develop. Jim Woodworth... http://www.computerweekly.com/Articles/2008/04/17/230340/Public-unaware-of-banks-Faster-Payments-initiative.htm
Standing orders now paid through Faster Payments Service
...Payments Service From today (6 June), standing orders can be paid through the new Faster Payments Service, said UK payments body Apacs. Following the introduction of the new service for telephone and internet payments at the end of May, standing... http://www.computerweekly.com/Articles/2008/06/06/230979/standing-orders-now-paid-through-faster-payments-service.htm
Visa hit by payment processing glitch
...technical glitch across Europe last Friday (13 April), which prevented card payments from being processed. Danish payments body Payment Business Services (PBS) was one of the first financial bodies to report problems, saying all Visa transactions... http://www.computerweekly.com/Articles/2007/04/16/223205/visa-hit-by-payment-processing-glitch.htm
Mid-sized firms ignoring chip and Pin risk joining "retail underclass"
...he said. The Chip and Pin Programme Management Organisation, set up by the British Retail Consortium and UK payments body Apacs to oversee the rollout of the technology, has been criticised for ignoring tier-two retailers. However... http://www.computerweekly.com/Articles/2004/02/02/199953/Mid-sized-firms-ignoring-chip-and-Pin-risk-joining-quotretail.htm
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All ResultsNews and blogs from the web - PAYMENTS BODY

Denmark's PBS talks up Sepa direct debit offering
...About Finextra 22 January 2008 - 11:41 Denmark's PBS signs 117 banks to Sepa direct debit offering Danish payments body Payment Business Services (PBS) says it has signed deals to provide Sepa-compliant direct debit payment processing... http://www.finextra.com/fullstory.asp?id=17979
'Berry bad work-life balance? | Tech News on ZDNet
UK kids shopping online behind parents' backs
Learning to live with fraud | Banking Technology magazine
Consumers trust big name brands online
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Datamonitor Research Store - Browse
...500 a month, from February 2007. Published By Datamonitor 15 Nov 2006 NewsWire NewsWire UK to get new payments body, check clearing reforms The UK's chancellor of the exchequer has agreed to the establishment of a new governance... http://www.datamonitor.com/store/browse/?N=4294854299+354&page=8
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