Moves to combat rise of card fraud

A new anti-fraud system which makes it harder for lost or stolen credit cards to be used to buy goods over the internet is to be introduced by most credit card providers by the end of this year.

17th March, 2007

A new anti-fraud system which makes it harder for lost or stolen credit cards to be used to buy goods over the internet is to be introduced by most credit card providers by the end of this year.

Under the new system, known as 3D Secure, cardholders are asked some personal questions before they can use their credit cards to buy goods over the internet. AIB, the EBS and National Irish Bank already offer the...

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