The holiday shopping season is upon us, and while it may be a little less jolly this year due to the Irish economy you can still find bargains. The retailers may offer better deals when you shop online because they don’t pay for a storefront and many employees. This usually works well for the customer. However, before you shop online you should know how to have a safe shopping experience. (more…)
A warning was issued this week regarding credit union email fraud for Irish consumers. An email is going out to credit union consumers. It is supposed to be from the Irish League of Credit Unions. The email begins with a security alert or unauthorised access to your account. The email then goes on to state that there is a potential for fraud and that the recipient of the email must comply with the emails directions offered. (more…)
It has been recently reported that European countries have seen an increase in the use of credit cards fraudulently. The latest reports from Ireland have been more favourable. This enlightening report has among others the Irish Payment and Services Organisation to thank. The Garda and the banks have also been tirelessly working to make sure that credit and debit card fraud do not penetrate Ireland. (more…)
Credit card fraud and identity fraud have often been considered victimless crimes. After all, the credit card holder tends to get their money back, but then again the credit card company loses out as does the retail shop where the purchase was made. (more…)
Ireland has yet to see a lot of the chip and pin cards, but more and more credit card companies have been updating their security system. Unfortunately it may already be too late. It seems that no matter the security added to credit card companies and their holders, new scams keep coming up. The latest scam started in the UK and has been seen minimally in Ireland. (more…)
Do you know where your credit cards are all the time? How about when you go to a store and the clerk has to ring you up on a machine that is not in front of them? Even when your credit card goes into an ATM machine there can be trouble with fraud. (more…)
In recent years identity theft as a result of stolen credit cards has increased. In the UK and Ireland steps are being taken to ask the consumer to do their part in staying safe. It is not about getting extra protection and being charged for it. Instead it is about vigilance. To avoid credit card debt one needs to pay close attention to their card, their statement, and other personal information at all times. (more…)
Credit card not present fraud continues to increase in Ireland and the UK. Many of the online retailers are urging credit card companies to step up their vigilance in credit card fraud. The online retailers are tired of being the ones to suffer from fraud based on credit card not present transaction. The retailers are doing their best to offer the most up to date online security that is available to them, but it still doesn’t stop the issue from occurring. (more…)
Internet fraud and credit card fraud have been on the rise with new technology. It is harder for us to protect ourselves from credit card fraud and therefore we as consumers have to make a choice.
A recent study showed about 45 percent of card holders were not willing to leave their cards unprotected from fraud. Many of the consumers around the world are signing up for protection with their credit cards as well as being more careful in how they use their cards. (more…)
It seems that no company is safe anymore from fraud. No matter what the companies do to avoid fraud with new security and updated cards, they are still targets. In fact part of the issue is the challenge the fraudster experiences. These thrill seekers continue to work at new ways because of the income they generate off of the fraud with credit cards. (more…)