Community
"According to press reports, the investigation began in March after Brussels-based e-payments outfit Atos Worldwide told authorities that cash withdrawals were being made overseas using cards copied from a Belgian cash distributing machine."
Investigations got started because of cards copied from a Belgian cash distributing machine. As this kind of good news is distributed, we should be reminded that this is truly prevalent and busting 15, even 80 will not stop the problem until banks utilize systems that will make card skimming completely useless for fraudsters.
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Carlo R.W. De Meijer Owner and Economist at MIFSA
30 December
Prashant Bhardwaj Innovation Manager at Crif
29 December
Kaustuv Ghosh CEO at Nxtgencode
Luigi Wewege President at Caye International Bank
27 December
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.