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BPFI recorded €22m in debit and credit card fraud in 2019

Banking & Payments Federation Ireland (BPFI) has published the latest debit and credit card fraud losses, which amounted to €22.1 million in 2019 with 260,000 fraudulent debit and credit card transactions.
However, BPFI said progress is being made in the fight against card fraud, with losses down 49% when compared to 2016.

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Protect Your Business Against Gift Card Fraud This Holiday Season

The holidays are now upon us. Of course, against the backdrop of COVID-19, we’re looking at a season unlike anything we’ve ever seen before.
Unsurprisingly, many consumers are opting to do the bulk of their shopping online. But, while skipping out on the crowds and the chaos at the mall doesn’t sound too bad,

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Niagara police warn of COVID-era credit card scam that hurts customers and businesses

Police in Niagara region are warning about increasingly common credit card scams reported during the pandemic.
Niagara Regional Police Service says there has been an increase in fraudulent credit card transactions as more businesses do sales by phone during COVID-19.
The service says the fraud involves using illegally obtained cards to order merchandise without the cardholders' knowledge.

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