News
IPSO Retailer Seminar: PCI DSS Explained - 2nd September 2010
3 Sep 2010
PCI DSS is a set of comprehensive requirements which apply to all organisations that store, transmit or process credit card payments. Retail, IT and security professionals are invited to attend this event which is free of charge. Places for the event are limited so early registration is recommended ...
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EPC Publishes White Paper on Mobile Payments
13 Aug 2010
The White Paper offers an informative read to anyone interested in mobile payments. It predominantly focuses on mobile contactless card payments, where instead of using a traditional debit or credit card, a mobile phone is simply swiped or placed close to a till to initiate a payment ...
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Cash withdrawals down 11.5% as use of debit cards up 8% in 2009
14 Jul 2010
2009 saw a dramatic fall off of 11.5% in the volume of cash withdrawn from ATMs in Ireland. This is the first time ever that cash levels have declined in Ireland where usage is more than double the EU average. By contrast the use of debit cards has gone up by 8% ...
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Reduced Number of Cheques Confirms Payments Landscape Changing
14 Jul 2010
2009 may be seen as the beginning of the end for cheques in Ireland with the volume of cheques down by in excess of 13%, more than double the reduction in 2008 and bringing the decrease to 23% (from 130m to 100m) over four years of successive decline ...
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IPSO Fraud Prevention Members' Seminar 20th May 2010
21 May 2010
The IPSO seminar provided insight into e-crime and current vulnerabilities, enterprise fraud management, current fraud trends and recent findings of the Garda Bureau of Fraud Investigation ...
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IPSO's Response to University Claims that 'Chip & PIN is Broken'
9 Feb 2010
The complex methods shown by individuals from the University would not be practical in reality. IPSO can confirm that since the rollout of Chip & PIN the industry has seen a drop of more than 60% in fraud committed on lost and stolen cards as well as skimming and counterfeit frauds. In other words, Chip & PIN has worked and has been proven to be successful ...
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Payment Services Directive (PSD) Implemented November 2009
11 Nov 2009
The PSD is the largest piece of payment legislation ever introduced by the EU Commission and was implemented across Europe on 1st November 2009. The legislation establishes a modern, coherent and harmonised legal framework for payment services across Europe and means a considerable step forward in terms of consumer cost and efficiency....
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