card fraud
RSS card fraudCard fraud up by a quarter to £535m
News Card fraud rose by 25 per cent in 2007, according to the latest figures from payment clearing industry body Apacs. Apacs said £535.2m was lost to card fraud overall last year, due mainly to stolen UK card details used in countries yet to upgrade to... [12 Mar 2008]
London: Card fraud hotspot
News The UK's top card fraud hotspots have been revealed in a report that shows the crime is spread across the country. London, specifically the south east of the capital, saw the most card-not-present fraud over the past six months, with Romford and... [24 Jul 2008]
High Street card fraud falls
News High Street fruadsters have been forced to change tactics as Chip and PIN appears to be making some card fraud more difficult. According to card fraud detection firm Retail Decisions (ReD), the number of fraudulent transactions dropped in the... [17 Jan 2006]
Bank Employs SMS Messaging System to Protect Customers From Credit-Card Fraud
White Paper Its reputation depends on its ability to protect clients from fraud - particularly credit-card fraud. Raiffeisenbank needed a solution that would reduce the cost of preventing credit-card fraud and provide a more effective, customer-focused service. [18 Dec 2007]
M&S spends £4m on fraud-fighting card tech
News Marks and Spencer will be one of the first retailers to complete the rollout of new technology to its stores in a £4m project to help cut bank card fraud. The main one is [fraud] liability. Today it has launched its '&More' card, which combines... [06 Oct 2003]
£200,000 card fraud gang jailed for four years
News Around £505m was lost to card fraud last year, according to Apacs (Association for Payment Clearing Services). Four men have been convicted in Cardiff crown court of running an ATM fraud gang thought to have stolen up to £200,000 earlier this year. [12 Aug 2005]
£400m card-fraud fight aided by intelligence systems
News UK credit card fraud has dropped for the first time in eight years to £402.4m for 2003, largely due to the increased use of fraud intelligence systems to spot unusual spending patterns. But the figures hide a rise in other areas of card fraud... [09 Mar 2004]
Chip and PIN credited for £36m drop in card fraud
News Card fraud has fallen by £36m in the first six months of this year following the introduction of the new chip and PIN system, according to the latest official figures. Payment industry body Apacs claims the drop in fraud is a result of the... [10 Oct 2005]
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. They succeed when the card-issuing bank is not validating security codes on the magnetic stripe of the card while... [03 Aug 2005]
£2m credit card fraud masterminded by IT worker
News The UK's largest ever credit card fraud was masterminded by an IT expert who downloaded details of cards used by passengers to purchase tickets for London's Heathrow Express rail link. Credit card fraud investigators identified the Heathrow Express... [08 Sep 2003]
Credit card fraud plans labelled 'incomplete'
News Details of how the Commission will tackle the massive increase in credit card fraud in the EU were released yesterday. The Commission hopes to use the plan to tackle credit card fraud on a global scale and will involve the Commission working with... [20 Feb 2001]
Chip and PIN leads to fall in UK card fraud
News UK card fraud has fallen by 13 per cent to £439.4m in the 12 months since the introduction of chip and PIN technology, according to the latest figures from payments industry body Apacs. But while chip and PIN has helped reduce card fraud on the... [07 Mar 2006]
The Bloor Perspective: Credit card fraud, Big player results, and SANs
Comment The solution has to be to improve the fraud detection capabilities of the card authorisation process. This makes fraud a great deal easier, predictions of a fourfold growth in card usage also means a much greater - almost exponential - growth in... [29 Oct 2001]
Debit card fraud spree linked to security breach
News The Leonminster Police Department has received 29 complaints of debit-card fraud since last week, said detective Scott Wolferseder. A representative of the FBI's Charlotte bureau, which is overseeing several debit card fraud cases, including those... [08 Mar 2006]
Citibank card fraud - magnetic strip to blame?
News The analyst said the crime reflects the largest PIN theft to date and the financial industry will be hit by more PIN-block fraud in the future. She said: "Phishing was last year but banks have wised up to that, so now it's the PIN block fraud. [10 Mar 2006]
