Tighten credit-card information rules: consumers group
The Consumers' Association of Canada wants the federal government to move in at least three areas to protect consumers' credit-card information, president Bruce Cran says.
The group made a presentation to Parliament's ethics committee Thursday, just two days after several Canadian banks said that they have issued thousands of new credit cards, along with warnings that the old ones may have been used fraudulently.
"During this process, there was likely a lot of personal information from consumers that was scalped off the records.… We're concerned about that," Cran told CBC Newsworld.
The group made a presentation to Parliament's ethics committee Thursday, just two days after several Canadian banks said that they have issued thousands of new credit cards, along with warnings that the old ones may have been used fraudulently.
"During this process, there was likely a lot of personal information from consumers that was scalped off the records.… We're concerned about that," Cran told CBC Newsworld.
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Labels: Credit Card Industry
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