Counterfeit card fraud drops by half in the UK
Fraud losses due to counterfeit payment cards fell by half in 2009 from the year prior in the U.K., but online banking losses continued to rise, according to new banking industry figures released Wednesday. Full story »
Related Posts
- Four-fold increase in credit card fraud Credit card fraud in Australia has been growing four times faster than the number of card transaction Aussies make and there’s been a warning to businesses to strengthen their defences...
- HSBC steps up fraud detection News that HSBC is introducing technology to screen all card transactions for potential fraud has been broadly welcomed by experts as a necessary step in the fight against rising card fraud.
- SAS Helps HSBC Combat Card Fraud HSBC is fighting card fraud with the global roll-out of a real-time Fraud Management system co-developed with SAS.
- Fighting credit card fraud, one GPS coordinate at a time Mobile phones beaming their owners' locations back to banks could dramatically cut credit card fraud, Ericsson says.