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French chip and PIN hack ‘most sophisticated ever’

Banking 2020

These were card-present frauds that managed to nullify the PIN. The fraud, which took place over several months from 2011 to 2012, caused a net loss of €600,000, involved over 7,000 transactions and featured 40 modified cards.

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Is your bank stopping fraud?

Banking 2020

The loser in this race, at some banks at least, may be the fraud systems. At four in ten banks, the card fraud management systems are older than core banking systems, according to a survey by CEB TowerGroup. It found that solutions were installed prior to 2006 in 40 per cent of banks it spoke to.

Fraud 40
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The Mother List of All Banking Books

Jeff For Banks

Giannini: The Man with the Midas Touch 2009 Edward Chancellor Chancellor, Edward Devil Take the Hindmost: A History of Financial Speculation 2000 Dr. "Rusty" Big Bad Banks: How Greed and Ego Among the Big Shots in Banking and Government Created the Crisis that Wrecked Our Economy 2009 William D. Cohan Cohan, William D. 2008 Richard P.

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