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MBNA are enabling its millions of customers to activate their credit cards online . The announcement means that credit card customers in the UK will have a choice of channels when activating new, replacement or re-issued MBNA credit cards for the first time.

This is in addition to MBNA’s transition to paperless statements for new online accounts, which was launched earlier in 2010. The move also means that holders of affinity partner cards can take advantage of the service, previously only available to re-issued cards.

Ian Craig, customer service and channel fulfilment executive for Bank of America Europe Card Services, which operates under the MBNA brand in the UK and Ireland, commented “Our customers tell us they want more online options to service their accounts so it makes sense to open up online activation to everyone. Read more…

Founder of credit card swipe machines and software, Robert Carr of Heartland Payment System continues to re-live the shock of being hacked. In late 2007 enterprising hackers made their way into Heartland’s servers and found access to what was estimated to be around 130 million credit card numbers. With that thought in mind Mr. Carr hopes to find a solution to fraudsters hacking into what was thought of as a secure network.

Heartland’s components and software, store and use the 15 digit credit card numbers to verify transactions. This transaction often takes mere seconds to complete but a breach of the system gives a foothold to skeptical investors. The

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A successful and very lucrative internet scam that has been in progress for about four years now has been busted this week by the United States Federal Trade Commission.  This scam was designed by some savvy internet thieves who utilized a massive fraud network of very small charges across a large number of card holders, resulting in the theft of millions of dollars from unsuspecting consumers across the United States.  This is one of the many scams that have occurred over the last few years.  The credit card industry continues to remain vulnerable to the threat of hackers despite advanced security systems used to protect data.

The Scam

The details of the scam and the specifics of who was behind it have yet to be determined.  What authorities do know is that it has provided a very valuable and expensive lesson about the importance of secure credit card systems and protecting consumers from this type of fraud.

What happened was that the scam artists responsible for the theft found loopholes in the credit card processing systems. The

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