This presentation is about chip and pin fraud. It explains how banks approach its customers when it comes to pin fraud. It gives also a little bit information about the law about this subject.
The document discusses the history and use of credit cards. It begins with definitions of credit cards as small plastic cards that allow the holder to make purchases and pay later. It then discusses the early history of credit and debt instruments dating back thousands of years, followed by the introduction of proprietary cards by US department stores in the early 1900s. The document provides guidance on responsible credit card use including paying balances off monthly to avoid interest, and covers the basic benefits of using credit cards.
The impact of innovation on travel and tourism industries (World Travel Marke...Brian Solis
From the impact of Pokemon Go on Silicon Valley to artificial intelligence, futurist Brian Solis talks to Mathew Parsons of World Travel Market about the future of travel, tourism and hospitality.
We’re all trying to find that idea or spark that will turn a good project into a great project. Creativity plays a huge role in the outcome of our work. Harnessing the power of collaboration and open source, we can make great strides towards excellence. Not just for designers, this talk can be applicable to many different roles – even development. In this talk, Seasoned Creative Director Sara Cannon is going to share some secrets about creative methodology, collaboration, and the strong role that open source can play in our work.
Reuters: Pictures of the Year 2016 (Part 2)maditabalnco
This document contains 20 photos from news events around the world between January and November 2016. The photos show international events like the US presidential election, the conflict in Ukraine, the migrant crisis in Europe, the Rio Olympics, and more. They also depict human interest stories and natural phenomena from various countries.
The Six Highest Performing B2B Blog Post FormatsBarry Feldman
If your B2B blogging goals include earning social media shares and backlinks to boost your search rankings, this infographic lists the size best approaches.
1) The document discusses the opportunity for technology to improve organizational efficiency and transition economies into a "smart and clean world."
2) It argues that aggregate efficiency has stalled at around 22% for 30 years due to limitations of the Second Industrial Revolution, but that digitizing transport, energy, and communication through technologies like blockchain can help manage resources and increase efficiency.
3) Technologies like precision agriculture, cloud computing, robotics, and autonomous vehicles may allow for "dematerialization" and do more with fewer physical resources through effects like reduced waste and need for transportation/logistics infrastructure.
Be alert for two recent scams revolving around the payment of utility bills. This alert from David Lerner Associates has the details of what to watch for.
The document discusses the history and use of credit cards. It begins with definitions of credit cards as small plastic cards that allow the holder to make purchases and pay later. It then discusses the early history of credit and debt instruments dating back thousands of years, followed by the introduction of proprietary cards by US department stores in the early 1900s. The document provides guidance on responsible credit card use including paying balances off monthly to avoid interest, and covers the basic benefits of using credit cards.
The impact of innovation on travel and tourism industries (World Travel Marke...Brian Solis
From the impact of Pokemon Go on Silicon Valley to artificial intelligence, futurist Brian Solis talks to Mathew Parsons of World Travel Market about the future of travel, tourism and hospitality.
We’re all trying to find that idea or spark that will turn a good project into a great project. Creativity plays a huge role in the outcome of our work. Harnessing the power of collaboration and open source, we can make great strides towards excellence. Not just for designers, this talk can be applicable to many different roles – even development. In this talk, Seasoned Creative Director Sara Cannon is going to share some secrets about creative methodology, collaboration, and the strong role that open source can play in our work.
Reuters: Pictures of the Year 2016 (Part 2)maditabalnco
This document contains 20 photos from news events around the world between January and November 2016. The photos show international events like the US presidential election, the conflict in Ukraine, the migrant crisis in Europe, the Rio Olympics, and more. They also depict human interest stories and natural phenomena from various countries.
The Six Highest Performing B2B Blog Post FormatsBarry Feldman
If your B2B blogging goals include earning social media shares and backlinks to boost your search rankings, this infographic lists the size best approaches.
1) The document discusses the opportunity for technology to improve organizational efficiency and transition economies into a "smart and clean world."
2) It argues that aggregate efficiency has stalled at around 22% for 30 years due to limitations of the Second Industrial Revolution, but that digitizing transport, energy, and communication through technologies like blockchain can help manage resources and increase efficiency.
3) Technologies like precision agriculture, cloud computing, robotics, and autonomous vehicles may allow for "dematerialization" and do more with fewer physical resources through effects like reduced waste and need for transportation/logistics infrastructure.
Be alert for two recent scams revolving around the payment of utility bills. This alert from David Lerner Associates has the details of what to watch for.
This document discusses credit card security and risks. It provides a brief history of credit cards, explaining how they evolved from store-specific cards to universal cards that can be used in many locations. It then discusses common credit card theft methods like skimming, identity theft, and account takeover. The document concludes by providing statistics on credit card crimes globally and in the EU in 2008, and explains why identity theft risks may differ between the EU and US.
1. The document summarizes a presentation given by Christopher J. Uriarte and GuoDong Zhao on understanding the dynamic Chinese market, focusing on payments in China.
2. It introduces China's population and economic growth, then discusses the company Chinabank Payment which provides electronic payment solutions in China.
3. It describes the challenges of fraud in China's growing online payments market and how Chinabank Payment implemented the ReD Shield solution from Retail Decisions, which reduced their chargeback rate from as high as 5% to 0.3% within the first 6 months.
This document discusses credit card fraud, including its definition, types, implications, and common locations where it occurs. Credit card fraud involves stealing and misusing someone's credit card information to make unauthorized purchases. It can seriously harm victims by saddling them with debt and damaging their credit scores. Fraud occurs through various means such as online theft, physical card theft, counterfeiting, and phone/mail scams. Common locations with high fraud rates include supermarkets, hospitals, shopping centers, clothing stores, restaurants, and hotels.
Identity theft takes place when a big shot appropriates other person’s private details without their familiarity to commend stealing or fraud. Identity theft is an automobile for caring out other types of scam schemes.
Identity fraud occurs when someone steals personal information like names, addresses, account numbers, and uses it to apply for credit, loans, or services without the victim's knowledge or consent. The document provides tips on protecting personal information like shredding documents and securing cards and accounts. It warns about "phishing" scams where criminals send emails pretending to be from banks asking for account details. Signs of potential identity fraud include being denied credit or loans unexpectedly or receiving bills for things not purchased.
This document discusses identity fraud, how to protect yourself, and signs that identity fraud may have occurred. It explains that identity fraud involves someone using your personal information without permission to acquire credit or purchase things. It provides tips for protecting your information such as securing documents, reporting lost cards immediately, being wary of phishing emails, and using computer security software. Possible signs of identity fraud are being denied credit for no reason, finding unfamiliar entries on your credit file, or being contacted about debts you did not incur.
Mrs. Jones lost her debit card while on holiday abroad. Unauthorized transactions were made on her account using her PIN. The bank denied her claim, arguing she must have shared her PIN. Mrs. Jones wants to make a complaint to the banking ombudsman. The summary examines the relevant EFT code and determines that the bank would be liable unless it can prove Mrs. Jones contributed to the loss, as she reported the card missing immediately and there is no evidence she shared her PIN. The ombudsman would likely rule in Mrs. Jones' favor based on the information provided.
This document discusses credit card fraud and identity theft. It provides an overview of common types of fraud like unauthorized charges, counterfeit cards, and identity theft. It explains how fraud occurs through lost or stolen cards, diverted mail, or employees stealing information. The document also discusses the impacts of fraud, costs to consumers and businesses, and steps people can take to protect themselves like shredding documents, being wary of phishing emails, and monitoring accounts closely. It provides examples of fraud cases and statistics on identity theft from a Norton report.
Identity theft involves someone using personal information like Social Security numbers and bank account details to commit fraud. Common types of identity theft are credit card fraud, phone or utility fraud, and bank fraud. If you become a victim, you should file a police report, contact the credit bureaus to place a fraud alert on your accounts, and contact any creditors where fraudulent activity occurred. To reduce risk, be careful with personal information and shred documents with private details before throwing them away.
Magic lived with his Mother, Clare in San Juan Trinidad. Magic is se.pdfagarwaltradingco
Magic lived with his Mother, Clare in San Juan Trinidad. Magic is seeking to purchase an
I phone, but does not have the funds to do so. He is aware that his mom has a chequing account
with Royal Agricultural Bank and the cheque book is always left on the dining table, in clear
view for all to see. On day, while his mom was at the grocery, Magic took a cheque leaf from
his mothers cheque book, thereafter forged her signature, which he used to pay for his new I
phone at Digiphones Limited.
The cheque was subsequently sent to Royal Agricultural Bank to process, the CSR noticed the
inconsistencies in the signature and subsequently advised Clare of that fact. Clare initially
refused to accept the withdrawal on her account via the forged cheque and advised the bank that
she will not entertained any withdrawals on her account due to forgery. A few days later, the
Bank eventually discovered that Magic was the guilty party and thereafter threatened to
prosecute Magic via the criminal law, unless his mother Clare, approves the payment of the
forged cheque from her account.
Clare reluctantly agreed, to protect her son, but is concerned about the banks action of
threatening her to approve the forged cheque.
Advise Clare on this matter..
This document provides information from a training on credit card fraud presented by Consumer Action and Chase. It defines types of credit card fraud such as unauthorized charges and counterfeit cards. It explains how fraud occurs through lost or stolen cards, diverted mail, or stolen employee data. The document outlines steps consumers can take to reduce fraud risk such as shredding documents, being wary of phishing scams, and promptly reporting unauthorized charges. Resources for fraud victims include free credit reports and assistance from the FTC, National Fraud Information Center, and state attorneys general.
This document provides information from a training on credit card fraud presented by Consumer Action and Chase. It defines types of credit card fraud such as unauthorized charges and counterfeit cards. It explains how fraud occurs through lost or stolen cards, diverted mail, or stolen employee data. The document outlines steps consumers can take to reduce fraud risk such as shredding documents, being wary of phishing scams, and promptly reporting unauthorized charges. Resources for fraud victims include free credit reports and assistance from the FTC, National Fraud Information Center, and state attorneys general.
This document provides information and guidance on protecting against credit card fraud. It discusses common types of credit card fraud like unauthorized charges, counterfeit cards, and identity theft. It offers tips for safeguarding personal information, monitoring credit card statements, and reporting fraud. Key steps include shredding documents with financial information, signing cards immediately, and contacting card issuers right away if a card is lost or stolen.
This document provides information from a training on credit card fraud presented by Consumer Action and Chase. It defines different types of credit card fraud such as unauthorized charges, counterfeit cards, and identity theft. It explains how credit card fraud impacts consumers through higher interest rates and fees. The document offers tips for protecting against fraud such as shredding documents, being wary of phishing scams, safeguarding account information, and promptly reporting any unauthorized charges. It provides resources for consumers including the Fair Credit Billing Act and contact information for the FTC, state agencies, and Consumer Action.
The document discusses bank frauds in India. It defines bank fraud and outlines some common types of offline and online bank frauds such as cheque fraud, payment card fraud, forgery, money laundering, and phishing. It provides tips for preventing fraud and recent examples of reported bank fraud cases in India totaling hundreds of crores. The conclusion states that fraud undermines trust in banks and the economy, so prevention through education and technology is important.
Small Businesses: Tips to Avoiding Fraudulent Chargebacks- Mark - Fullbright
Compiled and designed by Mark Fullbright , Certified Identity Theft Risk Management Specialist™ (CITRMS) as a free guide for merchants to protect themselves online & POS and to reduce their exposure to chargebacks and losses due to fraud.
• Company names mentioned herein are the property of, and may be trademarks of, their respective owners and are for educational purposes only.
How to Identify the Best Crypto to Buy Now in 2024.pdfKezex (KZX)
To identify the best crypto to buy in 2024, analyze market trends, assess the project's fundamentals, review the development team and community, monitor adoption rates, and evaluate risk tolerance. Stay updated with news, regulatory changes, and expert opinions to make informed decisions.
This document discusses credit card security and risks. It provides a brief history of credit cards, explaining how they evolved from store-specific cards to universal cards that can be used in many locations. It then discusses common credit card theft methods like skimming, identity theft, and account takeover. The document concludes by providing statistics on credit card crimes globally and in the EU in 2008, and explains why identity theft risks may differ between the EU and US.
1. The document summarizes a presentation given by Christopher J. Uriarte and GuoDong Zhao on understanding the dynamic Chinese market, focusing on payments in China.
2. It introduces China's population and economic growth, then discusses the company Chinabank Payment which provides electronic payment solutions in China.
3. It describes the challenges of fraud in China's growing online payments market and how Chinabank Payment implemented the ReD Shield solution from Retail Decisions, which reduced their chargeback rate from as high as 5% to 0.3% within the first 6 months.
This document discusses credit card fraud, including its definition, types, implications, and common locations where it occurs. Credit card fraud involves stealing and misusing someone's credit card information to make unauthorized purchases. It can seriously harm victims by saddling them with debt and damaging their credit scores. Fraud occurs through various means such as online theft, physical card theft, counterfeiting, and phone/mail scams. Common locations with high fraud rates include supermarkets, hospitals, shopping centers, clothing stores, restaurants, and hotels.
Identity theft takes place when a big shot appropriates other person’s private details without their familiarity to commend stealing or fraud. Identity theft is an automobile for caring out other types of scam schemes.
Identity fraud occurs when someone steals personal information like names, addresses, account numbers, and uses it to apply for credit, loans, or services without the victim's knowledge or consent. The document provides tips on protecting personal information like shredding documents and securing cards and accounts. It warns about "phishing" scams where criminals send emails pretending to be from banks asking for account details. Signs of potential identity fraud include being denied credit or loans unexpectedly or receiving bills for things not purchased.
This document discusses identity fraud, how to protect yourself, and signs that identity fraud may have occurred. It explains that identity fraud involves someone using your personal information without permission to acquire credit or purchase things. It provides tips for protecting your information such as securing documents, reporting lost cards immediately, being wary of phishing emails, and using computer security software. Possible signs of identity fraud are being denied credit for no reason, finding unfamiliar entries on your credit file, or being contacted about debts you did not incur.
Mrs. Jones lost her debit card while on holiday abroad. Unauthorized transactions were made on her account using her PIN. The bank denied her claim, arguing she must have shared her PIN. Mrs. Jones wants to make a complaint to the banking ombudsman. The summary examines the relevant EFT code and determines that the bank would be liable unless it can prove Mrs. Jones contributed to the loss, as she reported the card missing immediately and there is no evidence she shared her PIN. The ombudsman would likely rule in Mrs. Jones' favor based on the information provided.
This document discusses credit card fraud and identity theft. It provides an overview of common types of fraud like unauthorized charges, counterfeit cards, and identity theft. It explains how fraud occurs through lost or stolen cards, diverted mail, or employees stealing information. The document also discusses the impacts of fraud, costs to consumers and businesses, and steps people can take to protect themselves like shredding documents, being wary of phishing emails, and monitoring accounts closely. It provides examples of fraud cases and statistics on identity theft from a Norton report.
Identity theft involves someone using personal information like Social Security numbers and bank account details to commit fraud. Common types of identity theft are credit card fraud, phone or utility fraud, and bank fraud. If you become a victim, you should file a police report, contact the credit bureaus to place a fraud alert on your accounts, and contact any creditors where fraudulent activity occurred. To reduce risk, be careful with personal information and shred documents with private details before throwing them away.
Magic lived with his Mother, Clare in San Juan Trinidad. Magic is se.pdfagarwaltradingco
Magic lived with his Mother, Clare in San Juan Trinidad. Magic is seeking to purchase an
I phone, but does not have the funds to do so. He is aware that his mom has a chequing account
with Royal Agricultural Bank and the cheque book is always left on the dining table, in clear
view for all to see. On day, while his mom was at the grocery, Magic took a cheque leaf from
his mothers cheque book, thereafter forged her signature, which he used to pay for his new I
phone at Digiphones Limited.
The cheque was subsequently sent to Royal Agricultural Bank to process, the CSR noticed the
inconsistencies in the signature and subsequently advised Clare of that fact. Clare initially
refused to accept the withdrawal on her account via the forged cheque and advised the bank that
she will not entertained any withdrawals on her account due to forgery. A few days later, the
Bank eventually discovered that Magic was the guilty party and thereafter threatened to
prosecute Magic via the criminal law, unless his mother Clare, approves the payment of the
forged cheque from her account.
Clare reluctantly agreed, to protect her son, but is concerned about the banks action of
threatening her to approve the forged cheque.
Advise Clare on this matter..
This document provides information from a training on credit card fraud presented by Consumer Action and Chase. It defines types of credit card fraud such as unauthorized charges and counterfeit cards. It explains how fraud occurs through lost or stolen cards, diverted mail, or stolen employee data. The document outlines steps consumers can take to reduce fraud risk such as shredding documents, being wary of phishing scams, and promptly reporting unauthorized charges. Resources for fraud victims include free credit reports and assistance from the FTC, National Fraud Information Center, and state attorneys general.
This document provides information from a training on credit card fraud presented by Consumer Action and Chase. It defines types of credit card fraud such as unauthorized charges and counterfeit cards. It explains how fraud occurs through lost or stolen cards, diverted mail, or stolen employee data. The document outlines steps consumers can take to reduce fraud risk such as shredding documents, being wary of phishing scams, and promptly reporting unauthorized charges. Resources for fraud victims include free credit reports and assistance from the FTC, National Fraud Information Center, and state attorneys general.
This document provides information and guidance on protecting against credit card fraud. It discusses common types of credit card fraud like unauthorized charges, counterfeit cards, and identity theft. It offers tips for safeguarding personal information, monitoring credit card statements, and reporting fraud. Key steps include shredding documents with financial information, signing cards immediately, and contacting card issuers right away if a card is lost or stolen.
This document provides information from a training on credit card fraud presented by Consumer Action and Chase. It defines different types of credit card fraud such as unauthorized charges, counterfeit cards, and identity theft. It explains how credit card fraud impacts consumers through higher interest rates and fees. The document offers tips for protecting against fraud such as shredding documents, being wary of phishing scams, safeguarding account information, and promptly reporting any unauthorized charges. It provides resources for consumers including the Fair Credit Billing Act and contact information for the FTC, state agencies, and Consumer Action.
The document discusses bank frauds in India. It defines bank fraud and outlines some common types of offline and online bank frauds such as cheque fraud, payment card fraud, forgery, money laundering, and phishing. It provides tips for preventing fraud and recent examples of reported bank fraud cases in India totaling hundreds of crores. The conclusion states that fraud undermines trust in banks and the economy, so prevention through education and technology is important.
Small Businesses: Tips to Avoiding Fraudulent Chargebacks- Mark - Fullbright
Compiled and designed by Mark Fullbright , Certified Identity Theft Risk Management Specialist™ (CITRMS) as a free guide for merchants to protect themselves online & POS and to reduce their exposure to chargebacks and losses due to fraud.
• Company names mentioned herein are the property of, and may be trademarks of, their respective owners and are for educational purposes only.
How to Identify the Best Crypto to Buy Now in 2024.pdfKezex (KZX)
To identify the best crypto to buy in 2024, analyze market trends, assess the project's fundamentals, review the development team and community, monitor adoption rates, and evaluate risk tolerance. Stay updated with news, regulatory changes, and expert opinions to make informed decisions.
Dr. Alyce Su Cover Story - China's Investment Leadermsthrill
In World Expo 2010 Shanghai – the most visited Expo in the World History
https://www.britannica.com/event/Expo-Shanghai-2010
China’s official organizer of the Expo, CCPIT (China Council for the Promotion of International Trade https://en.ccpit.org/) has chosen Dr. Alyce Su as the Cover Person with Cover Story, in the Expo’s official magazine distributed throughout the Expo, showcasing China’s New Generation of Leaders to the World.
Budgeting as a Control Tool in Government Accounting in Nigeria
Being a Paper Presented at the Nigerian Maritime Administration and Safety Agency (NIMASA) Budget Office Staff at Sojourner Hotel, GRA, Ikeja Lagos on Saturday 8th June, 2024.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Discover the Future of Dogecoin with Our Comprehensive Guidance36 Crypto
Learn in-depth about Dogecoin's trajectory and stay informed with 36crypto's essential and up-to-date information about the crypto space.
Our presentation delves into Dogecoin's potential future, exploring whether it's destined to skyrocket to the moon or face a downward spiral. In addition, it highlights invaluable insights. Don't miss out on this opportunity to enhance your crypto understanding!
https://36crypto.com/the-future-of-dogecoin-how-high-can-this-cryptocurrency-reach/
Monthly Market Risk Update: June 2024 [SlideShare]Commonwealth
Markets rallied in May, with all three major U.S. equity indices up for the month, said Sam Millette, director of fixed income, in his latest Market Risk Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
Madhya Pradesh, the "Heart of India," boasts a rich tapestry of culture and heritage, from ancient dynasties to modern developments. Explore its land records, historical landmarks, and vibrant traditions. From agricultural expanses to urban growth, Madhya Pradesh offers a unique blend of the ancient and modern.
Every business, big or small, deals with outgoing payments. Whether it’s to suppliers for inventory, to employees for salaries, or to vendors for services rendered, keeping track of these expenses is crucial. This is where payment vouchers come in – the unsung heroes of the accounting world.
“Amidst Tempered Optimism” Main economic trends in May 2024 based on the results of the New Monthly Enterprises Survey, #NRES
On 12 June 2024 the Institute for Economic Research and Policy Consulting (IER) held an online event “Economic Trends from a Business Perspective (May 2024)”.
During the event, the results of the 25-th monthly survey of business executives “Ukrainian Business during the war”, which was conducted in May 2024, were presented.
The field stage of the 25-th wave lasted from May 20 to May 31, 2024. In May, 532 companies were surveyed.
The enterprise managers compared the work results in May 2024 with April, assessed the indicators at the time of the survey (May 2024), and gave forecasts for the next two, three, or six months, depending on the question. In certain issues (where indicated), the work results were compared with the pre-war period (before February 24, 2022).
✅ More survey results in the presentation.
✅ Video presentation: https://youtu.be/4ZvsSKd1MzE
2. What? Consumer groups are calling for banks to change their approach to card fraud when a customer's pin has been used after the theft of a purse or wallet.
3. truelyhappenedstories The first story is about Mark Vauxhall was robbed with his card stolen, he called the issuer to cancel the card. Two days later hundreds of pounds was out of his account. The bank denied all knowledge of his call. Also Catherine Rugby has her own story: she has found a transaction she hadn't made. She thinks that her card was cloned and her pin was captured. She is waiting for her bank to resolve the matter, they say they will look into the matter. In the mean time her card has been cancelled so she is further inconvenienced as is currently without a debit card.
4. The third story is about Anne Exmouth. Her credit card pin has been used fraudulently. The bank is saying that she has been negligent with her pin as she has either given it to someone or a member of her familiy has used her card. They are refusing to pay back the £3,000 which has been taken in cash from her credit card account.
5. What’s the problem? Banksrefuse to pay out, because the pin number has been used, theydecidethatyou must either have writtenit down orshownit to someoneelse.
6. Security of pin and chip Pin and chip weresupposed to maketransactions more secure, butnowwe’relessprotectedthan we werebefore
7. Law Beforeit was relatively easy to proof pin fraudbecauseyouonly had to hand in a paper withyour signature on and the bankswereforcedbylaw to pay out There’snolaw to cover pin transactions
8. the banking code It’s the onlythingwhichprotects the consumer Itsaysit’s up to the banks to proofthatyou’ve been negligent, iftheycan’tthanthey have to giveyour money back
9. What do banksactually do? Banksdon’tfollow the banking code Since chip and pin came in, it’s up to the consumer to proofthatthey’vedonenothing wrong
10. The burden of proof Banksdon’tbelieve a word consumerssay Banksassume chip and pin is unbreakable
11. Chip and pin not 100% secure Banksshouldnotbeturning down compensation claims fromitscustomerson a basis that the system couldnotbebeaten Banksignoretheirown banking code
12. Nowwhat? There’snosolution to solvethis matter, notyet. Maybetheycouldmake a newlawwhichforcesbanks to follow the banking code