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.
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Banks to review charging policy
Prime Minister Kyriakos Mitsotakis obtained the pledge of the country's banks to review their policy on charges such as credit card fees, cash machine usage, PIN issue and online banking at a meeting on Thursday with their chief executive officers.
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Banks charge customers for almost all of their services
Greek banks are now imposing charges on virtually all their services and customers' transactions in an effort to offset their losses from interest takings, which have been in constant decline over the last few years.
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?
Greeks expanding use of credit cards
Use of credit and debit cards in Greece expanded 12.8 percent in the second quarter of 2019, but the average value of each transaction declined, according to data published on Tuesday by the Hellenic Bank Association.
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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.
FBI, Romanians Unite to Bust Credit Card Skimming Network
US and Romanian prosecutors have together dismantled an organised crime network specializing in skimming credit cards, which had operated since 2012 in Romania, Mexico, the US and many other countries, the Romanian prosecutors said on Thursday.
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.
Turkey's Halkbank offers cheap loans to pay off credit card debts
Turkey's Halkbank has become the third state bank to declare a low-interest rate campaign for citizens to pay off their credit card debts.
Hackers post personal data from German politicians, journalists
Hackers have posted personal data from hundreds of German politicians from major parties including credit card details and mobile phone numbers, with Chancellor Angela Merkel among those affected, local media reported on Friday.