Peter Welch - Payments Cards & Mobile / Bankecon

Peter Welch is an independent consultant, focusing on personal banking, cards and payments.

Peter maintains a website (www.bankecon.com) with details of his consultancy and research. He contributes regularly to Payments, Cards & Mobile, and is working with PCM on the development of its research service (http://www.paymentscardsandmobile.com/research.php).

His recent reports include Inside Fraud, an analysis of payment card fraud trends across several European markets, published in late 2009 by PCM and sponsored by Visa Europe.

Website: www.bankecon.com

· Scale of losses on CNP fraud many times higher than CP fraud

· 3D Secure now becoming established, with further enhancements planned

· Merchants under pressure to achieve PCI-DSS compliance

· Various other anti-fraud measures in use and under development

· But are we taking sufficient account of the online consumer in anti-fraud measures?