It has been announced that cyber-fraud is costing online retailers an estimated 580 million pounds per year.  This figure is estimated to increase three-fold over the next three years.  With nearly two-thirds of online retailers being affected by Internet fraud many retailers are becoming concerned over the prospect of being hit by fraud. Figures suggest [...]

Identity theft can affect anyone, and occurs to hundreds of people each year.  However, if you take measures to avoid it you will not become one of the statistics and suffer from the losses identity theft leaves behind. One precaution you can take is by locking your letterbox, if you have one.  If you find [...]

The Office of Fair Trading (OFT) is warning consumers not to respond to letters claiming to be from an international debt collecting company. Consumers are receiving letters stating that an outstanding debt is owed and that the debt has been passed on to them for recovery. The letter states that failure to pay will result [...]

Moneysupermarket has commented on the recent launch of the 3V pay as you go VISA voucher. Head of credit cards Robert Kenley said: ‘The launch of the new 3V pay-as-you-go VISA voucher comes at an ideal time for many Britons planning to avoid the high street this festive season and do their Christmas shopping online.’ [...]

Experian has published its Victims of Fraud Dossier. The study analysed the experiences of  4,000 fraud victims. The victims of fraud were split equally between male and female, with more than half of all victims falling into the 30 to 50 age group. Experian’s research shows that the wealthiest and most successful homeowners are among [...]

The UK has a new cash payment facility for people who shop on the internet. Some six million UK consumers do not have bank accounts or plastic cards. However, with Go&Pay they too can buy goods online. This is also available to the 4 million people who have cards but prefer not to divulge their [...]