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Contactless card fraud is on the rise – UK rate hits 4,500%

So, contactless card fraud hit £7m in the UK in 2016, up from £153k in 2014. Cue click-bait headlines about fraud soaring by almost 4,500%. When you dig a bit deeper, this is both mischievous scaremongering and quite misleading. contactless card, card fraud, contactless fraud, fraud Salacious spending spree Firstly, the article explains how contactless card theft allows [...]

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