chip and pin

British credit card cheat gets four years in prison

June 23rd, 2010 - 7:10 pm ICT by IANS
London, June 23 (IANS) A computer wizard branded "the most prolific chip and pin fraudster" in Britain has been jailed for four years. Theogones De Montford, 29, stole the details of at ... Read more...

Posted in Business |

Credit card with in-built display may help combat online fraud

May 13th, 2009 - 3:23 pm ICT by ANI
London, May 13 (ANI): Visa is testing a credit card with an in-built display for its efficacy in reducing online fraud.The Emue Card's developers have revealed that it generates and displays ... Read more...

Posted in Health Science |

Six-year jail term for Brit-Indian in 2 mln pounds PIN fraud scam

October 29th, 2008 - 12:48 pm ICT by ANI
London , Oct 29 (ANI): A 30-year-old computer whiz-kid Anup Patel, of India origin, who was arrested in 2006 over theft of information from 19,000 credit cards and amassing around two ... Read more...

Posted in National |

Bank blunder makes schoolboy temporary multi-millionaire!

July 2nd, 2008 - 5:24 pm ICT by ANI
London, July 2 (ANI): A schoolboy became a temporary multi-millionaire after a mistake by his Lloyds TSB branch in Telford, Shropshire, UK.William Bowen, a sixth-form pupil at nearby Thomas Telford School, ... Read more...

Posted in National |

Scientists expose vulnerability in credit card readers

February 28th, 2008 - 1:49 pm ICT by admin
London, February 28 (ANI): Cambridge University experts have shown that the chip-and-PIN system used to verify credit and debit card payments in Britain is not devoid of vulnerabilities.Ross Anderson, a researcher ... Read more...

Posted in Health Science |