banking fraud - Internet Marketing News and Blogs

All the UK's major banks, except HSBC, are reportedly to insist that customers use home 'chip and pin' devices for online banking, in an effort to stamp out fraud.

The Guardian reports that millions of the handheld devices will be sent out, free of charge, to online banking customers over the next six months.

In an attempt to add an extra layer of security to online banking transactions, Barclays Bank has sent out 'PINsentry' machines to its online account holders.

Over half a million Barclays customers will be sent the free PINsentry card readers by the end of the year, which will be used to prevent online banking fraud.