Consumer lending (900 items)

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Card-not-present fraud keeps increasing

Trends in fraud on payment cards in Australia are sticking to the script. Fraud is rising on credit cards and scheme debit, and falling on Eftpos. The chief culprit in the rising trend is card-not-present fraud. Banks and payments industry bodies say the trends are as expected, and they continue to promote education of merchants and consumers as the chief antidote to the problem. read more

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