The number of credit card complaints soared last year to become the second-biggest cause of financial product dissatisfaction, the Financial Ombudsman Service (FOS) has said. The number of overall complaints to the financial watchdog increased by 25% last year, with more than 250,000 cases being dealt with. Complaints over payment protection insurance were top of [...]
More Customers Denied Refunds By Credit Card Companies
Shoppers attempting to claim money back from their credit card company, after receiving faulty goods, are increasingly being denied a refund by their card provider. The Financial Ombudsman Service, the independent watchdog for the finance industry, has said it handles as many as 100 complaints per week from customers who’ve been effectively ignored by their [...]
Fraudsters Capitalise On Credit Card Details Of The Deceased
The identities of millions of deceased Americans are being used to apply for credit cards by criminals in the US, a study has found. Analysis of more than 100 million credit card applications in the first three months of last year, by risk management firm ID Analytics, has revealed that credit card fraudsters are using [...]
Credit Card Criminals Target Hospitality Industry
The hospitality industry is being warned of a heightened danger of attack from cyber criminals, as a new type of malware targeted at hotels goes on sale on the black market. A shift in the focus of cybercriminals has been detected recently, as they target systems that store details of a higher number of credit [...]
Tweet to WIN a FREE Kalixa Prepaid Card and Spend Money Daily in April
NEW Competition: Tweet to WIN a FREE Kalixa Prepaid MasterCard and Spend Money – Daily Competition All you need to do to be entered into the daily prize draw is to follow a few simple steps Follow @Prepaid365 on Twitter at http://twitter.com/Prepaid365 Retweet our Tweet of the Day – “Follow @Prepaid365 & @kalixa_uk & RT [...]
Changes to Credit Card Statements Announced
Credit card customers will be getting a different sort of statement through their letterbox this year, the UK Cards Association has announced. There are currently 31 million card users in the UK, and they are set to see a new type of credit card statement for the first time this year. The new statements are [...]
Contactless Card Holders in Danger of Electronic Pick-pocketing
Millions of card holders are in danger of having their card details stolen electronically by thieves with smartphones equipped with special software. An investigation has revealed that users of Barclays’s contactless credit and debit cards are in danger of having their card’s data extracted just by waving a smartphone over their wallet. The electronic data [...]
Google Re-enable Prepaid Credit Card Feature for New Application
After being forced to suspend all prepaid credit card functions on their innovative Wallet mobile app following the detection of a security flaw, Google have announced that the service is now back up and running. An official company email stated: “We are happy to announce that you can now add the Google Prepaid Card back [...]
Tweet to WIN a FREE Prepaid Card and Spend Money – Daily Competition
Tweet to WIN a FREE Prepaid Card and Spend Money – Daily Competition with additional Monthly Surprise Draw All you need to do to be entered into the daily prize draw is to follow a few simple steps Follow @Prepaid365 on Twitter at http://twitter.com/Prepaid365 Retweet our Tweet of the Day – “Follow @Prepaid365 & RT [...]