RBI extends deadline for card security measures implementation

Last Updated: Monday, June 24, 2013, 23:38

The Reserve Bank Monday extended deadline for introduction of additional security features for payment through debit and credit cards as the banks and the related entities have yet to put in place requisite infrastructure.

Axis Bank launches new credit card

Last Updated: Tuesday, June 11, 2013, 22:02

Private sector lender Axis Bank along with Europe's largest frequent flyer programme Miles and More on Tuesday launched a new credit card targeted at the premium segment.

$200 million worldwide credit card hacking ring busted

Last Updated: Thursday, June 6, 2013, 19:40

Eleven people have been arrested in the United States, the UK and Vietnam for running a 200 million dollars worldwide credit card fraud ring.

Google cancels proposed launch of Wallet physical credit card

Last Updated: Saturday, May 11, 2013, 15:34

The company will upgrade its existing Wallet products but will not be launching the credit card as proposed earlier.

Online fraudsters `offering access to stolen credit card details through Facebook`

Last Updated: Thursday, April 25, 2013, 23:01

Online fraudsters are offering access to credit card details, networks of hacked computers, and other fraud `services` through Facebook, according to security researchers.

Now, punch in PIN for every debit, credit card transaction

Last Updated: Saturday, April 13, 2013, 09:32

This move has been initiated by the Reserve Bank of India (RBI) in order to check the menace of credit card fraud.

Ed Sheeran banned from using credit card

Last Updated: Tuesday, March 12, 2013, 13:40

Singer-songwriter Ed Sheeran`s management have banned him from carrying a credit card.

Credit cards segment estimated to grow this year: Report

Last Updated: Tuesday, February 26, 2013, 17:09

The credit card segment in the country is estimated to have grown for the first time this fiscal after witnessing sluggishness for four years, says a report by the electronic transactions provider Atos Worldline.

India has seen the lowest no. of credit card fraud cases: Visa

Last Updated: Wednesday, February 20, 2013, 22:05

Leading payment system provider Visa Wednesday said India has witnessed the lowest number of credit card fraud cases compared to other nations, amid a rise of 'skimming' frauds in recent cases.

Need for uniform security standards to check card fraud: Khan

Last Updated: Thursday, February 14, 2013, 21:35

Amid reports of growing number of misuse of cards, the Reserve Bank on Thursday pitched for uniform security architecture for electronic banking across nations to check credit card frauds.

Indians among 18 charged in global $200 mn credit card scam

Last Updated: Wednesday, February 6, 2013, 12:19

At least five Indian-origin men are among 18 others charged here for running a whopping USD 200 million global credit card fraud under which they used thousands of fake identities to dupe businesses and financial firms and wired millions of dollars to Pakistan and India.

StanChart rapped for denying credit card insurance benefit

Last Updated: Tuesday, December 18, 2012, 12:12

The insurance benefit or accident cover that comes with a new credit card may not be as transparent as is made out to be. Ask a Gujarati credit card owner's family that was made to run circles to get the benefits from Standard Chartered Bank after his death but finally got a reprieve from the apex consumer court.