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Contactless payment data can be picked up at a distance Contactless payment information can be harvested from a distance, researchers have warned Data transmitted during contactless payments can be picked up from almost half a metre, researchers have
24 September 2013 0 View comments Consumers borrowed a record-breaking 8.4billion on their credit cards last month Consumers borrowed a record-breaking 8.4billion on their credit cards last month, official figures revealed yesterday. More than four
Millions of British consumers could benefit from plans by the European Union to cut transaction fees on debit and credit cards, say UK retailers. The fees involved are paid by shops and businesses to banks, every time a consumer uses his or her card.
Cultural differences challenge European single payments area Published 10 July 2013 The European Commission is set to publish its update to the Payment Services Directive (PSD II) aiming to level the playing field between incumbent card, internet,
Debit cards 'first choice for online shopping' Chip-and-pin machines are now a regular feature in the UK's shops Debit card spending by internet shoppers overtook the use of credit cards online for the first time last year, industry figures show.
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
U A skimming device attached to a ticket machine, from the East report Five out of 23 European countries reported an increase in card-skimming devices attached to transport ticket machines, according to new research. A report published by the
UK consumers were the most likely to be targeted by phishing scams in 2012, over ten times as likely as those in the US...UK losses of £405.8m in 2012, obtained from almost 250,000 phishing attacks. This marked a 25% increase on 2011, while US losses
The government says this will create a central record which can then be used to combat the most serious criminals. The police will only respond to fraud directly if an immediate response is needed via a 999 call. Critics of the new system say this
Technology reporter, BBC News Could the chip and pin system have had its day? Go to a cash machine in Japan or Poland and there's a good chance you'll find a finger-sized scanner next to the keypad. The pattern of veins inside your finger is said to