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February 14, 2007

Banks launch crackdown on fraud with new card readers

A card reader for every customer as banks clamp down on internet fraud.

A trial scheme has been unveiled to beat fraud on the internet that will see banks issuing their customers with hand-held credit card reader.

APACS, the UK payments association, will trial the next generation of fraud prevention technology, designed to safeguard consumers when buying goods over the internet, by telephone or mail order.

Read more at: Banks launch crackdown on fraud with new card readers

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