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Contactless cards

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Card schemes are taking action to deal with a security flaw which means lost or stolen contactless cards can be used AFTER they've been cancelled – but some of the changes will take months to come in and cards will continue to be usable in some cases.
23 February 2018
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A flaw which means contactless cards can be used AFTER they've been cancelled has still not been fully fixed almost 18 months after MoneySavingExpert.com began campaigning on the issue.
24 January 2018
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Mastercard users will be able to verify their identity using fingerprint scans or facial recognition when they pay for something online next year.
24 January 2018
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Card payments have overtaken cash for the first time ever, according to the latest figures from the British Retail Consortium.
12 July 2017
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American Express is considering big changes to the way it processes payments in a bid to stop fraud on lost or stolen contactless cards which have been cancelled, MoneySavingExpert.com can reveal.
7 April 2017
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Bank customers who have cancelled a lost or stolen contactless card may no longer have to check months or even years of statements for signs of fraud, after the regulator announced new measures to tackle a major security flaw following a MoneySavingExpert.com investigation.
29 March 2017
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A senior Labour MP has taken the fight against post-cancellation fraud on contactless credit cards to Parliament, vowing to work with the industry to "push for better security measures" for consumers.
9 February 2017
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A woman who had her bag stolen has told how she was horrified to find all three of her contactless cards being used by fraudsters after she'd cancelled them, while another discovered her card being used five months after she'd cancelled it. Check your bank statements ASAP if your contactless card has been lost or stolen.
20 December 2016
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The Financial Conduct Authority (FCA) has asked Lloyds Banking Group about the problem of fraud which affects cancelled contactless cards, MoneySavingExpert.com has learned - in the first sign of the regulator taking action since we revealed the contactless card security flaw.
9 November 2016

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