Central Banking

High-tech credit card scam spreads

ASIA - International criminal gangs are using high-technology to steal thousands of credit card numbers at a time from trusting shoppers.

The scam - which emerged in south-east Asia but has now spread as far a field as Turkey - involves gangs inserting a recording chip into credit card terminals. The terminals are placed with unsuspecting retailers and the card information recorded each time a card is swiped. The adapted terminals have been placed by fraudsters posing as maintenance engineers.

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: