Contactless payment fraud soars to £7m

The amount of money fraudulently spent using contactless payment cards and mobile devices has increased by £4.2m as their usage across the population has become more widespread. Almost £7m was taken in 2016, compared to £2.8m in 2015, according to Financial Fraud Action UK. In the same period, contactless spending rose Read more…

By RFID Cloaked, ago