Bank finance articles and tips

Credit card fraud is considered as one of the biggest concerns of business community in the UK. Annually, an amount of almost half billion pounds is stolen through credit/debit card frauds. To minimize such frauds, the service providers are always on the lookout for better technology. However, due to anonymity of modern communications, it is very difficult for service providers to get ahead of fraudsters as fraudsters and phishers have access to very sophisticated technology combined with their brilliant minds and skills. Following are some key characteristics of fraudulent transactions made through credit cards. Keeping an eye on the mentioned points can help the UK wholesale suppliers and other business entities save themselves from credit card frauds....