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Asian team credit card fraud

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People walking around with their wallets sticking up out of their back pockets is a sight pickpockets in Japan are only too used to being grateful for. Carrying a credit card is like having a wallet bulging with cash, typically , yen or more at a minimum, just waiting for you to spend whenever you want to. Credit card expert Daniel J. Lintz, the director of corporate communications Japan for Visa International Asia Pacific Ltd, told The Japan Times in a recent interview that most credit card fraud takes place when you take your eyes off of your card. Your credit card need only leave your hand for a matter of minutes for you to fall victim to fraud.

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Takeaway apps Deliveroo and Just Eat have said they are working to combat fraud, after customers reported their accounts had been used to buy food they did not order. One customer told the BBC Deliveroo took five days to shut his account after he reported fraudulent activity. Both companies said their own systems had not been breached and passwords had been obtained from another source. Just Eat said it took the safeguarding of customer data "extremely seriously" and was liaising with customers who had reported fraudulent activity. Several Deliveroo customers told the BBC they realised their accounts had been accessed when they received an email from the company saying the email address linked to their account had been changed.

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Security threats and how to protect yourself

Scammers constantly develop new ways to scam credit card users or put a new spin on an old scam. Being on the lookout for scams protects your credit card information and helps you prevent fraud and unauthorized charges on your account. Learn what to watch out for. Interest-rate reduction scams take advantage of frustrated credit card users who want to cut their credit card rates and pay off their balances faster.

Do any of them appear on your credit card? Read on to find out why you should probably pull out your statements and check them. Among the more intriguing is BillGuard.