Credit card fraud falls, online banking fraud grows

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Credit card fraud falls, online banking fraud grows

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03-10-2010, 09:10 PM

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Credit card fraud falls, online banking fraud grows

The UK Cards Association has today revealed a fall in credit and debit card fraud - partly due to the introduction of chip-and-pin.According to the Association, fraud losses on UK credit and debit cards totalled £440.3 million in 2009 - a fall of 28% compared with 2008 and the first annual decline since 2006.While it [...]

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