banks debit
RSS banks debitUK Banks hope to play their smartcards right
News Tomorrow's news is likely to lead to banks launching their first chip-based debit cards and announcing a range of new partnerships. APACS spokesman, Richard Tyson-Davies, said: "Each bank will make its... [07 Jul 1998]
Wal-Mart caught in debit card enquiry?
News This week, two major banks joined a credit union in cancelling a combined 200,000 accounts belonging to debit-card holders. An investigation into thousands of compromised debit cards... [14 Feb 2006]
UK bookies blamed for underage gambling
News The problem rests with children being able to set up accounts online with a whole host of bookies using their Solo debit cards, which banks now distribute to children as young as 11. Currently Abbey... [27 Jul 2004]
Paying by iris and fingerprint - the next chip and PIN?
News Existing forms of payment - such as credit and debit cards - are under constant attack from hackers and fraudsters so banks and retailers are on the lookout for more secure technologies. The scanner... [14 Mar 2006]
Debit card fraud spree linked to security breach
News The situation prompted the CAO and the Division of Banks to release a joint statement urging debit card holders statewide to check their accounts for fraudulent activity. A spate of fraudulent... [08 Mar 2006]
Web security breach exposes 54,000 card details
News It is up to cardholders themselves - it is best for people to keep an eye on their credit and debit card statements and notify the banks of anything suspicious straight away. A security blunder at... [27 Jul 2007]
Banks set up text, email fraud alerts for customers
News Both banks were among the scores of financial institutions forced to reissue thousands of debit cards in the past two months after hackers broke into the computer systems of a national retailer and made... [17 Mar 2006]
Visa to launch 'wave and pay' cards in UK
News Visa is planning to introduce contactless 'wave and pay' debit cards to replace low-value cash transactions across the UK by the end of next year. The technology will allow people to pay for low-value transactions such... [24 Nov 2006]
Retailers fear contactless payments
News The idea is that newly issued debit and credit cards will be fitted with a second chip that will give the cards the ability to be read in retailers' stores using NFC (near field communications) technology. [24 Apr 2007]
Are cash machines heading for extinction?
News Some people argue the days of using cash are numbered; already more shopping is done using debit cards than cash. So what does this inevitable march of the credit and debit card mean for the ATM, the... [25 Apr 2006]
Banks blamed for online fraud
News According to research from data mining and statistical analysis expert SPSS, 54 per cent of consumers would blame banks and building societies in the event of fraud as they believe not enough is being done to protect... [26 Jun 2003]
Experian adds anti-fraud tool
News According to banks clearing service VocaLink, two per cent of the six billion direct debit and credit requests fail or are applied to invalid accounts every year, costing £3bn per year in repair costs. [03 Oct 2007]
Leader: Banks may regret Oyster e-money fiasco
Leader Fears over cannibalising their debit card business and interchange fees have doubtless put the banking community off. The banks certainly don't come out of this blameless. And certainly not the... [09 May 2006]
Gartner: $2.75bn lost to card fraud
News Three million consumers in America were victims of fraud involving ATM and debit cards, according to the company's research. Avivah Litan, vice president and research director at Gartner, said in a statement: "Criminals... [03 Aug 2005]
Banks must boost security to drive online banking
News Only 30 per cent of those interviewed were confident of the security of personal financial information such as credit and debit card numbers when used to make transactions online. Banks must compensate... [29 Mar 2005]
