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....A basic account is a simplified form of current account. They provide day-to-day banking services – you usually get a debit card and access to cash machines, plus you can set up direct debits and standing orders. ... [Read full article on Guardian ]
Saturday 25th of March 2017 07:00:02 AM
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Latest Finance News related to Debit Card

Lords call for the banks to get back to basics image
Source : Guardian [Read Article] Saturday 25th of March 2017 07:00:02 AM
....A basic account is a simplified form of current account. They provide day-to-day banking services – you usually get a debit card and access to cash machines, plus you can set up direct debits and standing orders. ...
Spring Budget 2017: Crackdown on 'subscription traps' planned image
Source : BBC [Read Article] Saturday 4th of March 2017 05:17:02 PM
....Citizens Advice estimates that two million consumers each year have problems cancelling subscriptions. People taking up offers for free trials of anything from slimming pills and beauty treatments to video streaming and e-book subscriptions, can find regular payments are taken from their credit or debit card without their apparent authorisation. ...
Barclays apologises for cash machine and debit card faults image
Source : BBC [Read Article] Saturday 25th of February 2017 04:31:38 PM
. Barclays has apologised after customers reported problems using cash machines, debit cards and phone banking. ...
Co-op Bank is up for sale – is it time to leave? image
Source : Guardian [Read Article] Saturday 18th of February 2017 07:00:33 AM
.... Based in West Yorkshire, it has little more than 10,000 customers. Engage is the name of the new current account from selected credit unions which offers most of the things you would expect from a 21st-century bank account, from a fully functioning mobile app to a contactless debit card. ...
My refund was a no show after The Lowry charged my card twice image
Source : Guardian [Read Article] Saturday 11th of February 2017 07:00:09 AM
....What a shame it took so long to sort this out. Ironically, The Lowry’s extensive list of terms and conditions does not cover consumer protection when things go wrong at its end, and its information about paying by credit and debit cards applies only to booking online, not in person. ...
Fingerprint payments prompt privacy fears in India image
Source : Guardian [Read Article] Thursday 9th of February 2017 05:00:13 AM
....But now this pool of more than a billion people’s biometric data is being used by banks, credit checking firms and other private companies to identify customers, raising questions about privacy and security. As one of his flagship policies, prime minister Narendra Modi pledged to create a “digital India” in which the country’s cash-centric economy would switch to credit and debit cards, squeezing the parallel economy of untaxed cash transactions and giving more citizens access to digital financial services. ...
Nationwide blocked my cards when I tried to buy European train tickets image
Source : Guardian [Read Article] Wednesday 8th of February 2017 07:00:00 AM
.... A month ago, I tried to book rail tickets on the Austrian Railways website. The transaction failed and Nationwide blocked my debit card. ...
E-Scooters scoots off with our hard-earned £600 image
Source : Guardian [Read Article] Monday 30th of January 2017 10:30:27 AM
....We emailed E-Scooters and, like you, got no reply, and phoned on several occasions, getting either an answerphone or the phone put down on us. Had you paid by credit or debit card you might have had a chance of getting your money back but, sadly, paying by bank transfer gives you no redress. ...
‘Barclays took my £440,000 and put me through hell’ image
Source : Guardian [Read Article] Sunday 22nd of January 2017 07:00:23 AM
....30 to reflect loss of interest and benefits, and £250 for “distress and inconvenience”. It promised to reopen his account within four days and to issue an instant over-the-counter debit card so he could access his money over Christmas. ...
Can credit unions finally provide a truly ethical current account? image
Source : Guardian [Read Article] Saturday 21st of January 2017 06:59:28 AM
....However, things are changing. A current account has just been launched, available through selected credit unions, which offers most of the things you would expect from a 21st-century bank account, from a fully functioning mobile app to a contactless debit card. ...
UK retail sales slump in December as inflation bites image
Source : Guardian [Read Article] Friday 20th of January 2017 11:05:00 AM
....4% from the day before, reflecting worries that the squeeze on consumer spending will hit overall economic growth this year. The official retail figures for December contrasted with the largely upbeat tone of retailers’ Christmas trading updates but echoed signs of a slowdown in spending reports from debit card companies. ...
'It's a financial cliff edge': how Britain fell back in love with credit cards image
.... Commuters are corralled into tapping instead of buying tickets and cash has now disappeared from many lunchtime transactions as contactless cards let you wave a seemingly magic wand to pay for your sandwiches and coffee. Finance gurus used to tell you to carry around cash to know the value of money, but a recent industry survey found that the average Briton now carries less than a fiver on them while one in 10 carries just a credit or debit card in their pocket. ...
REVEALED: The tricks to get the best holiday money rates amid a weaker pound image
Source : Daily Express [Read Article] Saturday 7th of January 2017 02:00:00 PM
....If you buy foreign currency with a credit card, cash advance fees at around 2. 5 per cent may be levied, so use a debit card where possible. ...
Tech startups to make your life more slick, secure and stylish in 2017 image
Source : Guardian [Read Article] Sunday 1st of January 2017 12:00:00 PM
....Banking startup Monzo launched in 2015, but 2017 is set to be a turning point for the fintech darling. For the first 18 months of its public operation, Monzo has been limited in what it can offer customers by British banking regulations, forcing it to operate as little more than a pre-paid debit card with a (very slick) app. ...
Star Wars card firm Topps hit by 'unforgiveable' hack image
Source : BBC [Read Article] Friday 30th of December 2016 03:34:53 PM
. The maker of iconic collectable trading cards has said hackers could have stolen customers' credit and debit card numbers along with their associated security codes in a recent breach. ...
Crusader: How we fought to get you justice in 2016 image
Source : Daily Express [Read Article] Saturday 24th of December 2016 07:08:00 AM
. Widow Sheila Broad, 82, paid £655 by debit card for a treatment to her radiators promising to cut her heating bills. ...
Charity funding image
Source : BBC [Read Article] Friday 23rd of December 2016 12:20:12 AM
.... . The RNLI has been trialling a contactless charity box, so that people who may not have any cash on them can tap their debit cards on it to make a donation. ...
UK shoppers spend more than ever on contactless cards image
Source : Guardian [Read Article] Thursday 22nd of December 2016 02:45:46 PM
....8bn was spent using contactless cards in October – up 0. 8% on September, with a record monthly spend of £55bn using plastic, the majority of which was on debit cards. ...
‘Who buys fish with a credit card here?’ Traders scoff at Goa’s bid to ditch cash image
....But now, this sleepy tourist town is going to become the laboratory for a radical new experiment. From January, Goa’s government has announced that the city will go “cashless”, meaning every street vendor, rickshaw driver and shopkeeper must offer their customers the option to pay using a debit card or mobile phone. ...
Cut fixed-odds betting stakes to £2, MPs urge image
Source : Guardian [Read Article] Thursday 8th of December 2016 12:28:54 PM
....The gambling addiction charity GambleAware pointed to research that suggested the measure would be ineffective on its own. A report conducted by Sophro for GambleAware highlighted the ease with which gamblers can use their debit cards to access funds to keep gambling. ...
Tesco Bank cyber attack involved guesswork, study claims image
Source : Guardian [Read Article] Friday 2nd of December 2016 12:01:00 AM
....5m last month. In an academic paper, the team at Newcastle University claimed that working out the card number, expiry date and security code of any Visa credit or debit card could take a criminal “as little as six seconds” and involved nothing more than guesswork. ...
National Lottery accounts feared hacked image
Source : BBC [Read Article] Wednesday 30th of November 2016 08:59:23 AM
...."We are currently taking all the necessary steps to fully understand what has happened, but we believe that the email address and password used on the National Lottery website may have been stolen from another website where affected players use the same details," it said in a statement. "We do not hold full debit card or bank account details in National Lottery players' online accounts and no money has been taken or deposited. ...
John Lewis posts record £200m sales week thanks to Black Friday image
Source : Guardian [Read Article] Tuesday 29th of November 2016 12:34:40 PM
....”. Barclaycard, which processes almost half of all credit and debit card transactions in the UK, said payment transactions were 6% higher than last year’s Black Friday. ...
Shop around to avoid racking  up a catalogue of pricey debt image
Source : Guardian [Read Article] Monday 28th of November 2016 07:00:23 AM
.... She has been a Very customer for five years, always making her repayments before interest kicked in. However, when she recently attempted to settle a £1,621 balance a power cut meant her debit card payment wasn’t processed and she missed the deadline. ...
The Crusader: Widow battles in energy savings row image
Source : Daily Express [Read Article] Monday 28th of November 2016 12:01:00 AM
.... “But I was astonished when they stayed just an hour. I said in the circumstances this seemed very expensive but they said they had paid the same for their own homes,” says Sheila who, according to the terms, settled the full amount with her debit card before they left. ...
From low-fare to no-fare: will air travel really become free? image
Source : Guardian [Read Article] Saturday 26th of November 2016 04:00:35 PM
....Priority boardingThis is wrapped in with choosing a premium seat on easyJet, but you can still pay another £5 for the privilege at Ryanair. PaymentUsing a credit rather than debit card means a 2% charge on Ryanair, 1% on easyJet. ...
Where to find the best bank accounts for teenagers image
Source : Guardian [Read Article] Saturday 26th of November 2016 07:00:25 AM
. What do you do when your children have moved beyond piggy banks but aren’t old enough for a fully fledged current account? The good news is that there are a number of “youth” bank accounts on the market that can help teenagers, and those fast approaching their teens, obtain their first debit card, learn about budgeting and take their first steps towards financial independence. ...
Black Friday sales rush reported by retailers image
Source : BBC [Read Article] Friday 25th of November 2016 12:16:05 AM
....9bn, with people hunting for discounts ahead of an expected rise in prices in 2017. Barclaycard, which processes nearly half of the credit and debit card transactions in the UK, said payment transactions were 6% higher than last year's Black Friday. ...
All about the money image
Source : BBC [Read Article] Friday 25th of November 2016 12:06:30 AM
A solution for refugee suffering: Give them cash image
Source : BBC [Read Article] Thursday 24th of November 2016 12:19:59 AM
. Is cash a better way to help refugees than food aid? A million debit cards have been given to Syrian refugees in Lebanon, loaded up with cash each month by UN agencies such as the UNHCR and by charities - and the scheme is now expanding. ...
Bank transfer scams saw one victim lose £400,000 image
Source : Daily Express [Read Article] Tuesday 22nd of November 2016 12:01:00 AM
....Across the UK, consumers now make over 70 million bank transfers a month. But Which? said victims conned into transferring money by bank transfer to a scammer currently have no legal right to get their money back from their bank, unlike with payment methods such as credit and debit cards. ...
Tap for CASH: Barclays launches CONTACTLESS ATMs  image
Source : Daily Express [Read Article] Monday 21st of November 2016 04:37:00 PM
....One in five card payments are now made via contactless, according to figures from the UK Cards Association. And the number of contactless debit cards in circulation increased from 74. ...
'No cash at the airport' image
Source : BBC [Read Article] Tuesday 15th of November 2016 12:55:14 PM
....Here are some of the stories from holidaymakers caught up in the situation. "I have been in Goa since Diwali and took out 30,000 rupees (£356) - in three sets of 10,000 rupees (£118) ATM transactions - which is the maximum allowed for foreign debit cards before the notes were declared invalid. ...
After Tesco fraud, are other banks vulnerable to cyber-attacks? image
Source : Guardian [Read Article] Saturday 12th of November 2016 07:00:42 AM
....Although the number of customers affected was later downgraded from the original 20,000, Tesco has declined to reveal how the money was taken. It did say that personal data had not been compromised, leading some experts to suggest that the fraudsters had gained debit card details, or found a vulnerability in its app. ...
Small print puts the ouch in gift vouchers image
Source : Guardian [Read Article] Saturday 12th of November 2016 06:59:42 AM
....The best way to avoid this is to spend the vouchers as soon as you receive them. If, however, the retailer refuses to cash a voucher the person who bought them may be able to recoup their value from their bank through a “chargeback” claim if they paid by debit card. ...
Seeing red when my London Bus Driving School course disappears image
Source : Guardian [Read Article] Thursday 10th of November 2016 07:00:26 AM
....In April I registered with the London Bus Driving School. I paid £1,750 by debit card and was given a date in June for the first training session. ...
Tesco Bank cyber-thieves stole £2.5m from 9,000 people image
Source : Guardian [Read Article] Tuesday 8th of November 2016 10:10:43 PM
....Bailey told MPs that the FCA was in close contact with Tesco and the bank had reassured the regulator that the customers whose money had been stolen would be reimbursed by the end of Tuesday. He said it was too early to know the exact cause, but said it appeared to be related to debit cards and that computer hackers were looking for weaknesses and “points of entry” into banks. ...
Tesco Bank says attack cost it £2.5m and hit 9,000 people image
Source : BBC [Read Article] Tuesday 8th of November 2016 10:00:53 PM
...."We've now refunded all customer accounts affected by fraud and lifted the suspension of online debit transactions so that customers can use their accounts as normal," said chief executive Benny Higgins. Current account customers had been blocked from making online payments using their debit card since Sunday, an action the bank said it had taken "to prevent criminal activity". ...
Tesco Bank cyber raid 'unprecedented', says financial regulator image
Source : Guardian [Read Article] Tuesday 8th of November 2016 11:48:52 AM
....Bailey told the MPs that the FCA was in close contact with Tesco and that the bank had reassured the regulator that customers whose money had been stolen would be reimbursed by the end of Tuesday. He said it was too early to know the exact cause but said it appeared to be related to debit cards and that computer hackers were looking for weaknesses and “points of entry” into banks. ...
Tesco Bank attack was unprecedented, says regulator image
Source : BBC [Read Article] Tuesday 8th of November 2016 11:12:53 AM
....The bank's chief executive Benny Higgins said the bank knew "exactly" what the attack was, but could not say more because it was part of a criminal investigation. Current account customers have been blocked from making online payments using their debit card since Sunday. ...
Cinemas, pubs and winter clothes boost consumer spending image
Source : Guardian [Read Article] Tuesday 8th of November 2016 06:01:06 AM
....2%, respectively. Barclaycard, which processes nearly half of UK credit and debit card transactions, said spending on clothing rebounded in September as shoppers picked up winter clothing. ...
Tesco Bank attack image
Source : BBC [Read Article] Monday 7th of November 2016 01:31:28 PM
....Like many other banks, Tesco has automatic fraud-spotting systems that keep an eye on accounts and build up a picture of normal activity. It is these kind of systems that can catch you out if you suddenly use your credit or debit card to buy lots of things from lots of different places in just a few minutes. ...
Tesco Bank fraud: key questions answered image
Source : Guardian [Read Article] Monday 7th of November 2016 11:41:29 AM
.... For customers, the bank says it plans to return to normal service as soon as possible. It has said that all direct debits and bill payments will go through as usual, and people can still withdraw cash and use their debit cards. ...
Tesco Bank fraud: What to do, who to email or call if your account has been blocked image
....What to do if your Tesco Bank account has been scammed. Those who have been affected will receive a new debit card within 7 to 10 days. ...
Tesco Bank blames 'systematic sophisticated attack' for account losses image
....About 40,000 accounts saw suspicious transactions over the weekend, of which half had money taken. The bank is still blocking current account customers from making online payments using their debit card, a temporary measure it put in place on Sunday. ...
Thousands of Tesco Bank accounts compromised by fraud image
Source : Guardian [Read Article] Sunday 6th of November 2016 05:52:31 PM
....Tesco Bank declined to comment on how much money in total was taken from customers’ accounts. Affected customers will not be able to use the contactless function on their debit cards, but will be able to use ATMs and chip and pin devices, the bank said. ...
Barclays customers hit by debit card glitch image
Source : BBC [Read Article] Monday 31st of October 2016 11:29:27 AM
....However, by early afternoon the bank said the problem had been fixed, and all customers had been refunded. It said an "incredibly low" percentage of its customers had suffered from duplicated debit card transactions. ...
Need a receipt? Tesco trials paperless till system image
Source : Guardian [Read Article] Tuesday 25th of October 2016 09:53:57 AM
....Tesco said the system could make it easier for shoppers to keep a record of purchases and that there was a potential environmental benefit from using less paper. The digital receipt experiment follows Tesco’s launch of its PayQwiq app, which stores credit or debit card and loyalty card details on the customer’s phone so that they can swipe once to pay for shopping. ...
Millions of Indian debit cards 'compromised' in security breach image
Source : BBC [Read Article] Friday 21st of October 2016 07:39:57 AM
....A number of major Indian banks are taking safety measures amid fears that the security of more than 3. 2 million debit cards has been compromised. ...
Stagecoach unveils contactless bus travel plans image
Source : BBC [Read Article] Thursday 20th of October 2016 12:44:26 PM
....Stagecoach has announced plans to bring in contactless payment technology on all of its UK regional bus services by the end of 2018. The £12m initiative will allow passengers to pay for travel with a contactless credit or debit card, as well as Apple Pay and Android Pay. ...
NatWest and RBS debit cards declined due to technical glitch image
Source : Guardian [Read Article] Friday 14th of October 2016 03:30:24 PM
. NatWest and Royal Bank of Scotland customers have reported having their debit cards declined in shops and at ATMs after the banking group was hit by yet another technical glitch. ...
RBS says it has resolved debit card computer glitch image
Source : BBC [Read Article] Friday 14th of October 2016 02:18:38 PM
. RBS says it has resolved debit card payment issues that hit NatWest, RBS and Ulster Bank customers on Friday. ...
No money image
Source : BBC [Read Article] Sunday 2nd of October 2016 11:09:43 PM
....This was back in 2010, and as the global financial crisis continued to engulf Sweden, Mr de Geer said it definitely didn't feel like the right time to launch a new business. But it was in January of that year that his wife, a sunglasses importer, returned from a trade fair and complained that she'd lost out on business because she couldn't accept debit cards from her customers. ...
Five minute guide to the ever-rising threat of fraud: Beware of card sharps image
Source : Daily Express [Read Article] Sunday 25th of September 2016 11:58:00 AM
.... . One in 10 people has fallen victim to a cyber attack on their credit or debit card in the past year, according to new research from CompareTheMarket. ...
Protect bank transfer scam victims, demands Which? image
Source : BBC [Read Article] Thursday 22nd of September 2016 11:01:19 PM
....It wants the regulators to:. Alex Neill said: "Most of us don't realise is that if you're conned into paying out money to a fraudster you stand to lose all of your money, unlike when you use your credit or debit card. ...
How to get an 11 per cent risk-free return on your cash using THIS method image
Source : Daily Express [Read Article] Tuesday 20th of September 2016 02:04:00 PM
.... Nearly as good, is the Co-operative Bank account, which pays an initial £150 to new customers and then up to £5. 50 a month through rewards such as debit card spending - or a return of 10. ...
Financial scam committed 'every 15 seconds' image
Source : BBC [Read Article] Monday 19th of September 2016 11:02:39 PM
....How to avoid falling victim to a scam. A separate survey commissioned by a comparison website suggested that more than four in 10 people have needed to cancel credit or debit cards after falling victim to fraud in the last year. ...
Fraud soars by 53% in a year as scammers get sophisticated image
Source : Guardian [Read Article] Monday 19th of September 2016 11:01:44 PM
....The new campaign is designed to remind people “that it pays to stop and think” before they respond to any financial requests and share any personal details. Its launch came a day after separate research claimed that one in 10 people have been the victim of a cyber-attack on their credit or debit card in the last year. ...
The Crusader: Couple lose out after the Brexit vote image
Source : Daily Express [Read Article] Monday 12th of September 2016 07:18:00 AM
....Frequent travellers overseas consider a pre-paid currency card such as Centtrip, so they can transfer sterling when rates are most favourable. Find a credit or debit card with low foreign usage costs such as MBNA Everyday Plus, Halifax Clarity, Norwich and Peterborough Building Society or Metro Bank, as most charge around £5. ...
Once it was touch and go, now contactless is a new-wave revolution image
Source : Guardian [Read Article] Saturday 10th of September 2016 06:00:24 AM
....75bn. There are more than 92m contactless cards in the UK’s wallets and purses, of which 65m are debit cards, and these can be used at more than 400,000 locations across the country. ...
John Lewis credit card won't cover me if travel firm fails image
Source : Guardian [Read Article] Saturday 10th of September 2016 06:00:24 AM
....John Lewis went on to suggest you would be able to claim in full as long as you had paid a deposit of at least £100 on credit card, even if an alternative payment method was used to cover the remaining balance. This means you could pay the 3% credit card loading fee on just the first £100, and pay the rest later by debit card, which is cheaper. ...
Mastercard hit with £14bn damages claim: Are you in line for a payout? image
Source : Daily Express [Read Article] Friday 9th of September 2016 03:39:00 PM
....And in December last year fees were capped at 0. 2 per cent for debit cards and 0. ...
US bank Wells Fargo fined $185m for opening illegal accounts image
Source : BBC [Read Article] Thursday 8th of September 2016 06:19:25 PM
....Its investigation found that to meet sales targets and possibly gain more compensation bank workers had "illegally" signed up customers for more than 2 million deposit and credit-card accounts. Employees also issued debit cards without customers' knowledge, even creating fake email addresses to unknowingly sign up consumers to online-banking services, the regulator said. ...
Mastercard faces £14bn card fee claim image
Source : BBC [Read Article] Thursday 8th of September 2016 11:48:28 AM
....". Mastercard is the second-largest credit and debit card provider after Visa. ...
SPECIAL INVESTIGATION: Fraudsters who prey on the disabled image
Source : Daily Express [Read Article] Monday 5th of September 2016 04:01:00 PM
....Happy news last week for Harry Carter. NatWest has refunded his £49 while it looks to get the debit card payment returned and investigates the Parkingpermitsonline. ...
'Property is better bet' than a pension says Bank of England economist image
Source : Guardian [Read Article] Sunday 28th of August 2016 01:47:42 PM
....He does not have a credit card – “I’ve never seen the need for it,” he told the paper. “My spending is all on debit cards. ...
Is bitcoin the answer if traditional investments are letting you down? image
Source : Guardian [Read Article] Monday 22nd of August 2016 06:00:04 AM
....The lack of regulation appeals to some, but also means it has none of the stability mechanisms typically associated with a currency, which can make it volatile, he said. You can pay using a bitcoin wallet app, and can even get a bitcoin debit card. ...
Holiday money rip-off: The bureaus giving just €0.99 for £1 image
Source : Daily Express [Read Article] Wednesday 17th of August 2016 03:53:00 PM
....2280 in exchange for £1,000. You load the card with cash now to secure exchange rates and use it in a similar way to a debit card, but there can be upfront costs of around £10 to buy a prepaid card or open an account. ...
A knife-point attack on holiday, mobiles stolen … then a £5,789 bill from Vodafone image
.... Thanks to new technologies, one phone can be connected to up to six premium rate lines at a time with calls lasting up to an hour, the optimum time after which many providers will terminate a high cost call. Thus sim cards can be milked like debit cards, only – until recently – without the £50 cap that banks apply to debts run up when the latter are stolen. ...
One family's nightmare as fraudsters ransack Barclays account by phone image
Source : Guardian [Read Article] Saturday 13th of August 2016 06:00:18 AM
....Fraudsters can contact Barclays bank, pose as a customer, ask for that person’s account address to be changed, then take out huge loans against their name – as one Nottingham teacher has found to her deep distress. Jude Grundy was just days away from moving home when the nightmare began, with her debit card being refused at a supermarket checkout. ...
Budget airlines stand accused over credit card fees image
Source : Guardian [Read Article] Friday 12th of August 2016 01:52:30 PM
....Ryanair said Fairer Finance’s claims were false and that the airline complies with all EU rules. Flybe said its charges meet UK requirements and that it scrapped debit card fees for online payments in 2012. ...
GREAT HOLIDAY RIP-OFF: Credit card fees from airlines 'break the rules’ image
Source : Daily Express [Read Article] Friday 12th of August 2016 12:07:00 PM
....A Flybe spokesperson said: “Flybe is fully compliant with the Department for Business, Innovation and Skills (BIS) Guide ‘Consumer Protection Regulations March 2012’ that very clearly explain the allowable costs that can be recovered through a payment surcharge.  “It should also be noted that Flybe made huge steps in 2012 by being many months ahead of other leading airlines in scrapping debit card charges for all bookings made online. ...
Airlines accused of charging too much for credit card payments image
Source : BBC [Read Article] Thursday 11th of August 2016 03:14:34 PM
....A Flybe spokesperson said the airline is "fully compliant with the Department for Business, Innovation and Skills (BIS) Guide 'Consumer Protection Regulations March 2012' that very clearly explain the allowable costs that can be recovered through a payment surcharge". It claimed to have been ahead of other airlines in 2012 by scrapping debit card charges for all online bookings. ...
Retail sales rose in July despite Brexit slump fears, report finds image
....Helen Dickinson, the chief executive of the British Retail Consortium, said the rise was not surprising, given that "little has materially changed" for most UK households since the EU referendum. A monthly report by Barclaycard, which processes nearly half of all the nation's credit and debit card transactions, found that consumer spending growth fell to 2. ...

Uzbek receptionist at luxury Thai resort accused by FBI of aiding £22m hack
 image
....She is accused by the FBI of helping a Russia-based hacking network to steal and launder £22m from British and American bank accounts. Described by guests at her hotel as “pleasant and professional” and “very efficient”, she allegedly led a double life, using multiple bank accounts, credit and debit cards in Thailand to receive the stolen funds. ...

Transport for London made £277m in five years from incomplete journeys
 image
Source : Telegraph [Read Article] Wednesday 27th of July 2016 10:00:11 AM
.... It has drawn criticism as incomplete journeys can occur by accident or due to technical faults. Incomplete journeys can be made when passengers do not swipe either in or out using their Oyster card or contactless debit card at a station. ...

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