Cardholders putting themselves at risk of fraud

July 2005
Credit Control;2005, Vol. 26 Issue 7, p48
Trade Publication
The article reports that according to the company Which?, too many consumers are putting themselves at risk of credit card fraud. All credit card customers ultimately have to pay for card frauds through higher bank charges, interest rates and fees, and higher prices for goods and services. Malcolm Coles of Which? said that banks should be doing much more to cut this type of crime.


Related Articles

  • CREDIT CARD FRAUD: A NEW PERSPECTIVE ON TACKLING AN INTRANSIGENT PROBLEM. Segal, Lydia; Ngugi, Benjamin; Mana, Jafar // Fordham Journal of Corporate & Financial Law;2011, Vol. 16 Issue 4, p743 

    This article offers a new perspective on battling credit card fraud. It departs from a focus on post factum liability, which characterizes most legal scholarship and federal legislation on credit card fraud and applies corrective mechanisms only after the damage is done. Instead, this article...

  • Stop card sharp practices.  // Consumer Policy Review;Nov/Dec2005, Vol. 15 Issue 6, p209 

    This article focuses on a research carried out by Which?, which revealed that more than half of credit cardholders in Great Britain are putting themselves at risk of card fraud. Less than a quarter of card users are using the same pin number for various accounts. Banks need to take an active...

  • Reverse Robin Hood!  // La Prensa San Diego;12/4/2009, Vol. 33 Issue 49, p7 

    The article presents a report released by the Hispanic Institute related to hidden credit card fees in the U.S. It shows that hidden credit card fees are causing a massive wealth from low-income to high-income Americans. Gus West, board chair of the Hispanic Institute, states that the study...

  • Prevent Identity Theft: Keep Your Customers Safe. TALBERT, MARCIA WADE // Black Enterprise;Feb2011, Vol. 41 Issue 7, p46 

    The article reminds merchants who handle payment card data to follow Payment Card Industry (PCI) Security Standards Council rules which will stop hackers who attempt to steal customers' credit card information.

  • The cost of card fraud. BEKIARIS, MARIA // Money (Australia Edition);Sep2012, Issue 149, p43 

    The article presents tips on protecting oneself from being a victim of online credit card fraud.

  • Praise for Fraud Response.  // American Banker;2/22/2010, Vol. 175 Issue 27, p9 

    This article reports that a survey by Auriemma Consulting Group of consumers found that the majority of credit cardholders were very satisfied with their card issuer's efforts to correct fraud issues and praise them for the proactive programs.

  • Fraud case highlights need for better laws.  // Computer Weekly;9/16/2003, p4 

    Service providers that allow third party financial information to be compromised should face legal action, analyst firm Gartner has said. Last week, former IT engineer Sunil Mahtani was jailed for nine years, after he was convicted of masterminding the largest credit card fraud scam ever...

  • New ways to tame credit, card debt. Kobliner, Beth // Redbook;Mar2010, Vol. 214 Issue 3, p108 

    The article offers tips on how to minimize costs on credit card and to protect credit rating from credit card companies. It suggests to pay on time the debt to avoid getting interest rates on debt and save money for high yield of profit based on the interest. Card holders can not over limit on...

  • Are Your Patients Saying, "Charge It"?  // NYSDA NEWS;Oct2006, Vol. 19 Issue 3, p7 

    The article presents questions and answers related to dental care financing via credit cards. Some of the topics of the inquiries include the types of fees incurred from dental treatment such as interchange fees, fraudulent transactions, technological aspects of credit card usages and cost...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics