Tag Archives: FRAUD

Lloyds Bank research on the use of the Confirmation of Payee (CoP) service: We urge all payment providers to introduce Confirmation of Payee as quickly as possible

(PRESS RELEASE) LONDON, 29-Mar-2022 — /EuropaWire/ — Lloyds Banking Group, a leading UK based financial services group, has released its new research on how Brits are making use of the Confirmation of Payee (CoP) service. The study reveals that millions … Read the full press release

Aviva: financial scams promoted by paid-for ads must be included in the Online Safety Bill

One in eight people (13%) have been the victim of a financial scam which related to coronavirus. Of those, two-thirds (66%) said their total debts increased over the last year. Aviva calls on government to include financial scams promoted by paid-for … Read the full press release

Aviva Fraud Report: consumers have low trust in the internet as a tool for shopping for financial services

More than half of internet users (53%) don’t trust that the adverts on search engines are placed by a legitimate financial services company or provider And more than half (56%) don’t believe that search engines verify the authenticity of the … Read the full press release

Corma.de launches Social Links OSINT Academy

Corma.de launches Social Links OSINT Academy

(PRESS RELEASE) AMSTERDAM, 9-Dec-2020 — /EuropaWire/ — In December 2020, Social Links, in partnership with Corma.de – the German private investigative agency, is launching an Academy that explains the principles of OSINT activities. It expounds in detail the methods of … Read the full press release

Minsait and Bankia to develop AI-based tools to improve customer experience and security in the financial institutions

(PRESS RELEASE) ALCOBENDAS, Spain, 19-May-2020 — /EuropaWire/ — Minsait, an Indra company, and Bankia have signed an agreement to develop tools that can prevent, detect and contain trends or patterns of fraud and cybersecurity anomalies through artificial intelligence. Both with … Read the full press release

European Parliament and the Council reach political agreement on combating fraud and counterfeiting of non-cash means of payment

STRASBOURG, 12-Dec-2018 — /EuropaWire/ — Today (11 December 2018), the European Parliament and the Council reached political agreement on the Commission’s proposal to strengthen rules to combat fraud and counterfeiting of non-cash means of payment – such as bank cards, … Read the full press release

Infineon Technologies AG and IDEX Biometrics partner to advance the biometric card landscape

Joint news release by Infineon and IDEX Biometrics MUNICH/ OSLO, 03-Dec-2018 — /EuropaWire/ — Working together to advance the biometric card landscape: Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY), the global leader in smart card payment solutions, and IDEX Biometrics … Read the full press release

UK Gov: International campaign launched to clamp down on companies where the identity of the real owners is unknown

International campaign launched to clamp down on companies where the identity of the real owners is unknown, aiming to bring to a halt the getaway vehicles of the corrupt. £4.6 million of funding announced to support anti-corruption initiatives abroad, helping … Read the full press release

Plus Ultra Líneas Aereas rejects an article published on August 8th

MADRID, 26-Sep-2018 — /EuropaWire/ — From Plus Ultra Líneas Aereas, we want to reject the article (https://news.europawire.eu/plus-ultra-strongly-denies-the-fraud-allegations-bought-against-them-in-the-english-class-action-lawsuit-17300/eu-press-release/2018/08/08) published on August 8th on this web page. The article was completely false and published without any source verification. The quotes made in … Read the full press release

Experian’s new ID Fraud Tracker reveals current account fraud is now nearly triple what it was two years ago

’Generation rent’ urged to take action as they continue to top the chart of fraud victims LONDON, 04-Oct-2016 — /EuropaWire/ — Experian has warned that current accounts can be a ‘front door for fraudsters’, as the company’s new ID Fraud Tracker … Read the full press release

EY’s 14th Global Fraud Survey: increased pressure on GOVs to act and companies to identify and mitigate fraud, bribery and corruption issues

Overwhelming support for enhanced beneficial ownership transparency: 91% agree Corruption levels are persistent: 39% say its widespread in their country Pressure continues to bring out the worst in executives: 42% justify unethical behavior Data privacy issues are creating complexity for … Read the full press release

European Consumer Centre Network (ECC-Net) report focuses on fraud in cross-border e-commerce across the EU

Brussels, Belgium, 07-12-2013 — /EuropaWire/ — 12% of internet users across the EU have already fallen victim to online fraud. 8% have had to deal with identity theft. A new report by the European Consumer Centre Network (ECC-Net) takes a look at … Read the full press release

KPMG’s study “Profile of a Fraudster” reveals 61% of the fraudsters are employed by the victim organization

KPMG International report reveals culprits are predominantly an employee colluding with others outside the organization. Amstelveen, Netherlands, 7-11-2013 — /EuropaWire/ — In these turbulent economic times businesses and investors alike should be aware that fraudsters can come in all shapes and sizes. … Read the full press release

European Central Bank card fraud report reveals declining trend since 2007

16-7-2013 — /europawire.eu/ — Card fraud has been on a declining trend since 2007, thanks to technological advances that are making transactions safer. This is the main conclusion of the second report on card fraud published today by the European Central … Read the full press release

TAX EVASION AND AVOIDANCE: Questions and Answers

Annex: List of measures foreseen in the EU Action Plan

8-12-2012 — /europawire.eu/ — TAX EVASION AND AVOIDANCE: Questions and Answers. Tax Evasion Why has the Commission presented an Action Plan on Tax fraud and evasion? Every year, an estimated €1 trillion1 in public money is lost in the EU due to … Read the full press release