You process payment card holders’ data and you need to do what is necessary to keep that data safe.
You would like to assess your level of compliance and automate your organization’s risk-remediation solutions.
You value the reputation of your organization and the trust of your customers.
You want to let your customers know that your organization has taken appropriate steps to protect their data and ensure the security of their accounts from online fraud or fraudulent use of their payment cards.
Smart Global Governance is the operational software solution to automate key processes in Ethics,Compliance and Controls. It can be used for implementation and compliance management with all local and international regulations as well as internal controls and procedures.
As a reminder: Online fraud figures – Observatory for the security of means of payment – Bank of France 2020 report
- Scriptural payment transactions carried out by individuals, businesses and administrations represent a volume of 26 billion transactions in 2019 for a total amount of 28,658 billion euros.
- In 2019, scriptural transaction fraud represents a total amount of 1.182 billion euros for nearly 7.5 million fraudulent transactions, an increase of 13% in amount and 11% in number over one year.
- Fraud on payment and withdrawal transactions carried out in France and abroad with French cards is on the rise in 2019 (up 7.1% compared to 2018) and amounts to 470 million euros for a total amount of transactions of 736 billion euros (up 4.5% compared to 2018).