Tag: fraud alert


Credit Card Skimming: A Crime against the Brand

Credit Card Skimming: A Crime against the Brand

Editor’s Note: The following article provides an excellent narrative regarding the ongoing concerns associated with credit card skimming. As retailers and companies issuing credit cards in the United States continue to move forward with chip-and-pin and/or chip-and-signature technology, many of the issues associated with credit card skimming may be resolved.   Read More


Identity Theft – A Growing Epidemic of Fraud

Identity Theft – A Growing Epidemic of Fraud

 

The fastest growing financial crimes in America today are check fraud and identity theft. The Nilson Report estimates check fraud losses to be about $20 billion a year. The American Bankers Association has stated that check fraud is growing 25 percent per year.

According to the Federal Trade Commission (FTC), 500,000   Read More