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Topic: banks

A fan of credit and debit cards
Companies
Friday, 7/17, 01:33 PM

Criminal Networks Are Stealing Billions Through Tap-to-Pay Fraud

  • Organized crime networks are quietly draining banks and retailers using a modern twist on card fraud: tricking people into handing over card details, loading the stolen cards into phone wallets, and tapping them at checkout.
  • One estimate puts the annual haul near $1 billion, and the mechanics make it unusually hard to stop.

In brief

banks — news and stories on this topic

This page collects all of Boursel's coverage of banks. Follow the topic from one place: new stories appear here automatically as more is published. That way you stay on top of how the situation develops.

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