Credit cards: Skimming off the top.

The article discusses several reasons why the U.S. apparently has a high rate of credit card-related fraud as of February 2014, focusing on various computer hacking incidents involving the Target retail chain, the Adobe Systems computer software firm, and the Neiman-Marcus department store chain. Ac...

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Detalles Bibliográficos
Publicado en:Economist Vol. 410; no. 8874; pp. 53 - 54
Formato: Artículo
Publicado: Economist Newspaper Limited 2/15/2014
Materias:
Acceso en línea:Ver este registro en EBSCOhost
Descripción
Sumario:The article discusses several reasons why the U.S. apparently has a high rate of credit card-related fraud as of February 2014, focusing on various computer hacking incidents involving the Target retail chain, the Adobe Systems computer software firm, and the Neiman-Marcus department store chain. According to the article, total global payment-card fraud losses topped 11 billion dollars in 2012. A survey of American consumers is mentioned, along with credit card technology and interchange fees.