Credit card

Card payments leap higher in third quarter

Credit and debit card transaction turnover grew almost 15 percent over the third quarter of the year on an annual basis, banishing fears that the growth rate of online transactions might slow to below 10 percent in 2019.

Card transactions added up to 11.4 billion euros in July-September, up 14.6 percent or 1.4 billion euros from the third quarter of 2018.

CCP with Tips on What to Do if an ATM “Swallows” our Card

The Commission for Consumer Protection  published tips on what to do if an ATM swallows our card. This may happen due to software, technical, and other issues with the device.

Here are some helpful consumer tips provided by Commission for Consumer Protection experts:

 · Failed to withdraw money from ATM? What to do?

Personal Data of 106 Million People in the US and Canada Has Been Stolen

The personal data of 106 million people in the United States and Canada were stolen after a hacker attack by a US financial company.

The information was confirmed by its representatives, stating that the hacker had made the breakthrough, had already been arrested. Data indicate that the attack took place on July 19th.

British Airways Faces a Record Fine - £ 183,000,000

"British Airways" will have to face a record fine - £ 183m because of a breakthrough in security systems that led to the leak of personal data.

Regulators have explained that this is the biggest financial penalty they have imposed and it is for the first time made public by the new rules that are in place.

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