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Brits switching banks over security and privacy concerns

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Monday, November 1, 2010

Brits switching banks over security and privacy concerns







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Finextra daily news - 01 November 2010









MBNA and Virgin Money embark on UK contactless card roll outs




Bank of America's card unit MBNA and Virgin Money have both committed to rolling out contactless credit cards to millions of UK customers over the next two years.







Around one in ten Brits has switched banks or retailers over concerns about the way their privacy and identities were protected, according to a survey from Unisys.







A pair of criminals have received three year jail terms for fitting London ATMs with card trapping devices and mobile phones for filming people entering their PIN numbers.





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