Tag "Credit Card fraud"
Kmart Fraud – CEO Calms Customers on Payment System Breach
In a recent statement released on the Kmart website, CEO Alasdair James expressed comfort and raised caution to Kmart members by highlighting Kmart’s “investigation working with a leading IT security firm.” But is that enough to keep customers feeling financially safe? What more can Kmart do
Read MoreHome Depot Criminals Attacking People’s Bank Accounts
(Reuters) – Data breach at home improvement retailer Home Depot Inc. has led to fraudulent transactions across the United States, draining cash from customer bank accounts, the Wall Street Journal said. Criminals are using stolen card information to buy prepaid cards,
Read MoreUS Credit Card Fraud Takes the Lead Over EMV Secure Chip Fraud
The launch of EMV security chips in credit cards in the US is expected to lead to an increase in fraud, according to Forbes. The fraud has already hit US soil, said Allen Friedman, director of payment services at Ingenico, a
Read MoreFraud Alert: Online Debit & Credit Scams are on the Rise
Online credit and debit card fraud is on the rise come October 1 of next year. By that time retail establishments should be able to accept new credit and debit cards that have a chip embedded and require the use of
Read MoreDuke Energy Debit Card Scam Alert
Monday Duke Energy issued the following press release to warn their customers about a scam affecting many households. It is in its entirety so you can learn how the scam works so you may protect yourself from victimization.
Read MoreCredit Card Fraud Losses Goes Multi-Billion in 2012
Curated from the Fort Mills Times Global Credit, Debit, and Prepaid Card Fraud Losses Reach $11.27 Billion in 2012 Up 14.6% Over 2011 According to The Nilson Report CARPINTERIA, Calif. — Issuers, merchants, and acquirers of credit, debit, and prepaid
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