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Payment Cards

Payment Cards: USA's FTC blocks telesales of "bogus" credit cards

6. February 2012

At the request of the Federal Trade Commission, a US federal judge has temporarily halted a telemarketing operation that allegedly sold bogus credit cards and took money from consumers' bank accounts without their consent.

Payment cards: murder squads to be sent after hackers who released credit card info?

9. January 2012

It is difficult to know exactly what Israel means when it says it regards hacking as akin to terrorism and subject to the same kind of counter-measures. Are they seriously suggesting that they will send out death squads as they have for those they consider to threaten Israeli security?

Payment Cards: Senate vote may move costs from charges to fees

9. June 2011

The US Senate has voted to cap the fees which card issuers charge each other for debit card transactions. That's good news for merchants and consumers, right? Not necessarily.

Payment cards: two jailed for bribery in credit card skimmer scam

23. March 2011

A former assistant restaurant manager of a hotel and an unemployed man, charged by the Hong Kong's Independent Commission Against Corruption, were today (Wednesday) sent to jail at Kowloon City Magistracy for bribery in relation to a counterfeit credit card scam.

Payment Cards: a million restaurants tell card companies to sort out "swipe fees."

22. February 2011

National Restaurant Association is a business association for the restaurant industry, which comprises 960,000 restaurant and food-service outlets and a workforce of nearly 13 million employees. And they say that payment card fees are a rip off.

Payment cards: bad smell at Lush cosmetics

16. February 2011

An announcement on the Lush cosmetics website published just three days before Valentines' Day admits to a breach in the security systems relating to on-line sales. But is it too little, too late.

Payment cards: HK's growing plastic habit

17. December 2010

The Hong Kong Monetary Authority (HKMA) has published (Thursday) the statistics of payment cards issued in Hong Kong for the third quarter of 2010.

Payment Cards: Malaysian police foil credit card gang

19. August 2010

In an object lesson on how to get caught, a man has allegedly used a stolen credit card to book hotel rooms - and then a week later returned to the same hotel and checked in using another stolen card. This time, the hotel called the police...

Payment Systems: sQuid opens new front in battle against cash

18. May 2010

North Lanarkshire in Scotland is the latest area to adopt the combination benefits entitlement card and an electronic purse.

Payment Cards: stand by for large fraud losses in new-style scam

16. March 2010

Old wine in new bottles: a long-used internet fraud technique has been modernised - and with a couple of new tweaks is going to be very successful in a scam received today and in the future.