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How safe are the new contactless bank cards?
London :: United Kingdom | 27 days ago
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21 May 2013 An urgent investigation has been launched into the new generation of contactless bank cards amid fears thousands of shoppers could be hit with phantom charges. Concerns over the security of these cards have been raised by customers of
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Moving toward a world without cash
Seoul :: South Korea | 4 months ago
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At one time, when his company launched its No Cash Month campaign in March 2012, he had almost nothing in his wallet apart from his cards. The campaign, an internal one within MasterCard's Asia-Pacific region, attracted a total of 1,000 employees
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Bank card scam: Skimming devices target consumers at the ATM, gas pumps
Santa Clara :: Cuba | 5 months ago
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Christmas. "We were going to go to Sacramento because we have family there," Fuentes said. "We had to cancel." Her husband, Carlos -- a 48-year-old coordinator for volunteers at a Los Angeles preschool -- used their card at a gas pump at the Chevron
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UnionPay subsidiary to beef up worldwide networks
Shanghai :: China | 7 months ago
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China UnionPay , the country's largest bank card services provider, launched UnionPay International Co Ltd in Shanghai on Friday in a bid to build up its global payment networks and an international payment brand. China UnionPay has established
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Banks switch to no-swipe payment cards
Amsterdam :: Netherlands | 8 months ago
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Instead, users will hold the card next to the reader which will then write off the required amount without the use of a pincode. Users will be able to make two or three contact-free payments of up to 25 in a day. After that, however, the card will
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Big rise in credit cards brings increase in debt
Shanghai :: China | 8 months ago
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Shao Xiaowei was excited to see the weblink of his micro blog accounts inscribed on his new credit card, the fourth credit card he applied for in the past three months. "It's trendy, isn't it?...Every co-branded card in Shao's wallet works to "up-
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Myanmar permits international bank card services
Yangon :: Myanmar | 8 months ago
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The cards allowed are Visa, Master, CUP (China Union Payment) and JCB (Japan Credit Bureau). It is the latest reform of Myanmar's monetary sector made in coordination with the member banks of Myanmar Payment Union (MPU), the Central Bank of Myanmar,
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Just what we need: a personalised bank card that lets us 'express ourselves' | Hadley Freeman
Versailles :: France | 8 months ago
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Guardian montage There comes a point in every gal's life when she has to ask herself: what would Karl Marx think of my bank card?...Or would he view it as the very epitome of commodity fetishism? This point will probably come when you see a
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Chinese stores urge cuts in bank card-swipe fees
Beijing :: China | 9 months ago
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Sunday urged the government to pass plans to cut bank card-swipe fees charged to merchants as soon as possible in order to shore up consumption. Pei Liang told Xinhua that a proposal for cutting card-swipe charges issued by authorities is currently
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Transnational bank fraud case cracked
Shaoxing :: China | 12 months ago
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A transnational bank card fraud case involving 146 suspects who swindled more than 1 billion yuan ($157 million) was uncovered by the police in Shaoxing, Zhejiang province last week. According to a news release from the Shaoxing public security
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