Tag: UK Cards Association

Card fraud continues to fall

Card fraud continues to fall

The UK Cards Association has today revealed that credit and debit card fraud continues to decline. According to the Association, fraud losses on UK credit and debit cards totalled £365.4 million in the 2010 year - a drop of 17% compared with 2009. The figure represented a 10-year low and compares with the record high [...]

March 9, 2011 | 0 Comments More
Card fraud continues to fall

Card fraud continues to fall

The UK Cards Association has today revealed that credit and debit card fraud continues to decline. According to the Association, fraud losses on UK credit and debit cards totalled £187 million in the first six months of 2010 - a fall of 20%. The group attributed the ongoing fall to a number of factors - [...]

October 6, 2010 | 0 Comments More
Credit card fraud falls, online banking fraud grows

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. [...]

March 10, 2010 | 0 Comments More
Credit card industry responds to Government proposals

Credit card industry responds to Government proposals

The UK credit card industry has agreed to Government proposals to help credit card holders manage their debt. As part of a crackdown on credit card companies, the Government recently warned credit and store card firms to “clean up their act.” One of the main issues was for credit card companies to stop increasing interest [...]

January 19, 2010 | 0 Comments More
Government proposes crackdown on credit card companies

Government proposes crackdown on credit card companies

As part of a crackdown on credit card companies, the Government is warning credit and store card firms to “clean up their act.” The latest proposals follow other restrictions on credit card practices introduced earlier this year after a credit card summit organised by the Government last November saw card companies agree to a set [...]

October 27, 2009 | 0 Comments More
Free credit card advice for travellers

Free credit card advice for travellers

A new guide published this week advises credit card holders on using their card overseas. According to UK Cards Association APACS, over 3% of credit card payments by Brits are made overseas. The APACS guide provides advice for holidaymakers and business travellers on the best places to withdraw cash abroad and on keeping card details [...]

June 8, 2009 | 0 Comments More