A sophisticated malware known as Ghost Tap is now said to be behind a notable increase in fraudulent contactless payments.

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 ...

You could soon be tapping to pay for things even more than £100, under proposals set out by the Financial Conduct Authority. We can’t promise you’ll have that much in your bank account if you do so, ...

"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 ...

Consumers could benefit from the convenience of contactless payment when making larger payments, under proposals being consulted on by the FCA. The FCA wants to give card providers the flexibility to ...

Losses Surge to €4.2 Billion. Europe’s latest payment fraud figures are stark. According to the joint 2025 EBA-ECB report, ...

So, contactless card fraud hit £7m in the UK in 2016, up from £153k in 2014. Cue click-bait headlines about fraud soaring by almost 4,500%. When you dig a bit deeper, this is both mischievous ...

REDWOOD CITY, Calif., Dec. 07, 2022 (GLOBE NEWSWIRE) -- The U.S. Payments Forum today released its latest Market Snapshot. It provides an overview of the state of the industry including successes in ...