- IDENTITY FRAUD COSTS UK AN ESTIMATED $3.1 BILLION. // CardLine;2006, Vol. 6 Issue 28, p12
The article deals with the impact of identity fraud on the economy of Great Britain. Identity fraud cost the country's economy $3.1 billion in 2005, with debit and credit card losses accounting for almost a third of that amount. In addition, issuers lost $279.1 million as a result of fraudulent...
- Steps To Take To Reduce Credit/Debit Fraud Risk. Davidson, Ann // Credit Union Journal;12/16/2002, Vol. 6 Issue 50, p4
Provides tips in reducing the credit and debit fraud risk in the U.S. Comparison of recorded number of online credit card fraud in 2001 with 2000; Advantages of the new plastic-card online security programs of VISA and MasterCard; Design of each online security programs.
- Despite EMV Move, Australian Card-Fraud Losses Rose 10% In Fiscal 2010, Group Says. Chibber, Ankush // CardLine;12/24/2010, Vol. 10 Issue 53, p17
The article reports that according to the Australian Payments Clearing Association, a self-regulatory body of the Australian payments industry, use of chip technology on payment cards instead of magnetic stripes should help in reducing the country's card-fraud losses. It was noted by Chris...
- New York Police Raid Lairs Of Card-Fraud Ring; Nab 38 Suspects Who Bought Data From China. // ISO & Agent Weekly;3/13/2008, Vol. 4 Issue 9, p12
The article reports that New York City police have arrested and charged 38 suspects who have allegedly participated in a crime ring that used information purchased from a source in China to create fake credit and debit cards. In addition, they are claimed to create counterfeit government...
- ON DEADLINE. // Credit Union Journal;08/07/2000, Vol. 4 Issue 32, p1
Presents news briefs related to finance in the United States, as of August 7, 2000. Delays in the United States Congress' action on the bankruptcy reform bill; BAIGlobal Inc.'s survey comparing the prevalence of credit and debit card fraud.
- Citibank Hit Hardest By Card-Counterfeiting Among India's Issuers. Chibber, Ankush // CardLine;3/11/2011, Vol. 11 Issue 10, p24
The article reports on Citibank NA which faced the highest number of cases regarding card counterfeiting among India's issuers. It states the card counterfeiting resulted in fraud losses totaling 18.9 million rupees. It reports on the steps that the Indian government is planning to take...
- Target hit by fallout from large theft of customer data. // Chain Drug Review;1/6/2014, Vol. 36 Issue 1, p8
The article reports on the consumer backlash faced by Target Corp. during the holiday shopping season after revelation that debit and credit card data was stolen from up to 40 million of its customers.
- In a world of plastic, fraud poses security challenges. Kirtland, Chad // New Orleans CityBusiness (1994 to 2008);11/06/2000, Vol. 21 Issue 20, p29
Reports on the increase in incidents of fraud associated with credit, debit or automated teller cards in the United States. Percentage of Americans that had a credit card number used without permission; Percentage of Americans that had a credit or debit card stolen; How the increase in Internet...
- MOST MERCHANTS DO NOT STORE CARD-SECURITY CODE, SECURITY FIRM SAYS. // ISO & Agent Weekly;12/11/2008, Vol. 4 Issue 44, p7
The article reports that most merchants do not store card-security code. Trustwave investigators note that majority of U.S. and Canadian merchants do not store credit and debit card security codes. In the two countries, 87% of the merchants Trustwave investigated did not store the card-security...