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Tag Archives: profit from fraud
Street Level Credit Card Fraud
Remember the stories about thieves arrested with hotel key cards containing Credit card information? Snopes claimed they weren’t true. Until now. Continue reading
Posted in credit card fraud, fraud, fraud trends, profit from fraud
Tagged credit card fraud, Data Breach, fraud trends, profit from fraud
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Another Less-Than-Useless Service
Marketing a service under the name of “Verify-Me-Now,” the company known as Ifbyphone is offering to “SLASH credit card fraud” with a simple telephone call. There’s a problem. They have no idea who their automated system is calling! Continue reading
Credit Card Fees Over Fraud Prevention
The major credit card brands do a fine job talking up security to the public. But when it’s a choice between consumer security and lower transaction fees – fees win out every time.
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Posted in credit card fraud, e-Commerce, fraud, fraud trends, greed, merchant
Tagged e-Commerce, fraud trends, greed, profit from fraud
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Telephone Fraud Prevention Service
I’Äôm talking about the services that offer to automatically place a telephone call to a potential customer to verify that they are actually holding the credit card. Continue reading
Posted in credit card fraud, e-Commerce, fraud, Fraud screening, greed, merchant, profit from fraud
Tagged credit card fraud, Fraud screening, greed, profit from fraud
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