MoneySavingExpert News

Contactless cards

Visa, Mastercard and American Express act to tackle contactless card security flaw

Card schemes are taking action to deal with a security flaw which means contactless cards can be used AFTER cancellation

23 February 2018

Mastercard to verify payments by selfies or fingerprint scans from next year

All Mastercard users will be able to verify themselves with biometrics such as fingerprint scans or facial recognition

24 January 2018

Contactless card security flaw still not fully fixed 18 months on

A flaw which means contactless cards can be used AFTER they've been cancelled has still not been fully fixed

24 January 2018

Card and contactless payments overtake cash for first time

Card payments have overtaken cash for the first time ever, according to the latest retail figures

12 July 2017

Guest Comment: How the regulator is tackling contactless card fraud

Andrew Bailey, Financial Conduct Authority chief executive, says it's working to stamp out contactless card fraud

30 March 2017

Regulator to tackle contactless card security flaw after MSE investigation

Bank customers who have cancelled a contactless card may no longer have to check statements for signs of fraud

29 March 2017

MP demands action over contactless card security flaw

Senior Labour MP Rachel Reeves cited MSE's case study in Parliament while quizzing financial regulators

9 February 2017

Contactless card fraud cases continue to surface following MSE investigation

One woman had three cancelled contactless cards used by fraudsters while others have also reported being targeted

20 December 2016

Regulator reviewing contactless card security after MSE investigation

Lloyds Banking Group has responded to a request for information from the Financial Conduct Authority

9 November 2016