This alert may not be shared outside your organization, Do Not Repost or send, place on other websites, List servers, or send to others via email, including other associations or parties. Members and Law enforcement use only. Contact us for any permissions. To do otherwise will result in the loss of membership.
Complete Story
09/20/2019
How to avoid contactless card fraud
Good Houskeeping
You may have noticed recently that you’re having to tap in your pin more often when using your contactless bank card.
That's because of new fraud prevention rules which came into play this month (14 September 2019), which require you to enter your pin for one in every five contactless payments.
We make around 700 million contactless card transactions in the UK, but around £108 million is said to be lost to fraud. And according to TotallyMoney, 1 in 12 people admit they wouldn’t spot a rogue £20 entry on their statement!
Alerts
The FRPA alert system distinguishes us from other groups by gathering and providing information to law enforcement, retailers AND financial institutions.
more information
Resources
Your electronic library to help in fighting financial fraud for all of our partners.
more information