A new mobile phone service enabling UK customers to text for their credit card information has been launched by MBNA.
The Government is taking the fight to fraudsters, criminals and rogue traders who use the internet and email to con consumers.
It is just 12 years since internet banking began, but its popularity has grown so much that, in the first half of 2009, 22 million adults used internet banking on their main current account.
Ori Eisen, Chief Innovation Officer at 41st Parameter, highlights seven 'online sins' which, if addressed, can deter the use of stolen credit cards and reduce identity theft and fraud.
The Payments Council has created an online, interactive map to demonstrate the varied payment attitudes, preferences and behaviours that can be seen in the different regions across the UK.
Santander's Alliance & Leicester is re-introducing its £100 cash bonus for those switching to its Premier Current Account.
It’s a simple case of Mouse to Mayhem when the growing trend to shift money online has led to the next generation of theft that could cost 20 million online banking users a staggering £439m, and not even the Ombudsman can help get it back.
Leeds Building Society has re-launched its easy access online account paying a variable rate of 3.05%, combined with unlimited withdrawals at any time without notice or penalty.
NatWest and RBS have become the first of the UK's high street banks to introduce a leading online security solution to protect their online banking customers.
The dangers of internet scams are highlighted by the disturbing 207% rise in the number of facility takeover frauds recorded by Members of CIFAS - the UK's Fraud Prevention Service.
As Get Safe Online Week 2008 (17th-21st November) draws to a close new research from PayPal, the way to pay and be paid online, reveals that half of Britons (50%) who shop online are concerned about protecting their details online and avoiding fraud or identity theft (49%).
Moneybookers, one of Europe’s largest online payment systems, and Clickatell, leading provider of global mobile messaging solutions, have announced a partnership to offer mobile SMS alerts on transactions for over 5 million eWallet customers.
As the latest banking industry figures report a leap in the number of UK adults banking and using credit cards online, financial data analyst Moneynet.co.uk warns that fraudsters are becoming ever more determined to perpetrate cyberspace raids on personal finances.
Commenting on figures showing the number of people in the UK banking online has increased to 21 million, Kevin Mountford, head of current accounts at moneysupermarket.com, said: "Clearly there is demand for online day-to-day banking services and this is being heavily pushed by most banks as it greatly cuts their operational costs.
The number of adults using online banking has increased by 505% in the past seven years from less than 3.5 million in 2000 to just over 21 million last year, according to APACS, the UK payments association.
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