Experts Highlight the Types of Card Fraud That Consumers Should Know About

Experts Highlight the Types of Card Fraud That Consumers Should Know About

Source: Experts Highlight the Types of Card Fraud That Consumers Should Know About This press release was orginally distributed by SBWire Manchester, NH — (SBWIRE) — 06/01/2016 — Banking institutions, authorities, and the payments industry are developing new innovations to fight identity thieves and fraudsters. These measures are created to establish a safe environment for financial transactions. There are many types of identity theft crimes, and they make many people from around the world suffer from financial embarrassment. Experts highlight the types of card fraud that consumers should know about….

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Men more likely to fall victim to mobile payment scams

Men more likely to fall victim to mobile payment scams

Source: Men more likely to fall victim to mobile payment scams Men are more often victims of mobile payment scams on the internet. More than 70 percent of victims of online fraud are men, according to a report released by Tencent, which is based on the big data of its mobile payment platform users in the first quarter of 2016. The report also shows the most common fraud is fake messages claiming to be from police and legal departments, 38 percent of the total, followed by fake massages from acquaintances…

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What Does That Little Chip On My Credit Card Do?

What Does That Little Chip On My Credit Card Do?

Source: What Does That Little Chip On My Credit Card Do? A credit card’s magnetic stripe may have been cutting edge technology in the 1970s, but nowadays it’s a major point of vulnerability. Using illegal card readers, criminals are able to easily scan or copy the information kept on the card’s stripe. If your credit card company has called to ask whether you bought a jumbo pack of marionette strings in El Paso, Texas recently, this may be because someone stole the info from your card’s magnetic stripe… Read more: What…

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Safety, Privacy Fears Push Americans Away from Internet Use

Safety, Privacy Fears Push Americans Away from Internet Use

Source: Safety, Privacy Fears Push Americans Away from Internet Use   Billions of commercial and personal transactions course through the internet every day as users shop, meet new friends and stay in touch old ones, enjoy entertainment, collaborate with teams and more. Yet more people are feeling less secure about what they’re sharing over the internet… Read more: Safety, Privacy Fears Push Americans Away from Internet Use  

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BBB warns: Stay alert to credit card cloning

BBB warns: Stay alert to credit card cloning

Source: BBB warns: Stay alert to credit card cloning CORPUS CHRISTI –If you regularly pay using a debit or credit card, take note: you are at risk of having your financial information stolen without even being aware that it has happened. Credit card cloning, or “skimming” as it is sometimes called, is a growing problem — even here in the Coastal Bend. It is a technique whereby someone obtains your credit card details, copies them onto a bogus card and then begins using the credit card… Read more: BBB warns: Stay…

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