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  • September 23, 2014
  • Last updated: 11:21am
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  1. Students need to dump credit cards

    Posted Jul 12th 2012, 12:00am

    ... After reading an article about students being caught in credit card traps, it made me wonder who is most responsible for this. I think it is more the fault of university students ... their children how to use their money wisely. With some assistance, I think students would be mature enough to resist the attraction of credit cards. Also, they should realise that they are not really ...

  2. Change is on the cards

    Posted Aug 28th 2004, 12:00am by Mutsuko Murakami

    ... 'skimmed' and then replaced, or taken from a locker or safety deposit box. This type of fraud is not new in Japan, but previously it involved only credit cards. It was thought that the magnetic ... from fraudsters pretending to be a bank or credit card company. Sophisticated technology- such as bugging devices which tap into phone lines transmitting cash card data- is opening new ...

  3. Ten-month crackdown on credit card crime to start in January

    Posted Nov 19th 2009, 12:00am by Will Clem

    ... Will Clem in Shanghai Mainland authorities are to launch a 10-month clampdown on credit card fraud following news such crimes had at least doubled over the first half of the year, state media reported yesterday. Figures released by the Public Security Bureau show police handled more than 6,300 cases involving credit card fraud over the first eight months of the year, ...

  4. Fake credit card scams rise 13-fold

    Posted Jan 16th 2004, 12:00am by Sara Bradford

    ... credit cards over the past six years. In 1998, there were only 36 reported cases, but the figure surged to 274 in 2002 and there were 493 cases last year. Authorities reported seizing 143 fake credit cards in 1998, 2,204 in 2002 and 639 last year. Madam Justice Beeson adjourned sentencing until January 28 to analyse the figures. The court heard that police on an anti-burglary operation ...

  5. Business - Banking & Finance

    Deutsche Bank sees US$300b stash debunking credit doomsday

    Posted Sep 22nd 2014, 04:28am by Bloomberg

    ... by giving in to the pervasive concern that a credit-market Armageddon is coming, according to strategists at Deutsche Bank. While cash may flee mutual funds when sentiment turns and Wall Street may have little interest in making markets, private-equity firms have raised at least US$300 billion to invest in credit and are likely buyers in a selloff, said Oleg Melentyev, who heads US credit ...

  6. Business - Banking & Finance - INTEREST RATES

    Increased Fed fund rate to prick Hong Kong's credit bubble

    Posted Sep 22nd 2014, 04:28am by DON WEINLAND

    ... Don Weinland don.weinland@scmp.com HK banks have enjoyed cheap credit for seven years due to rock-bottom US interest rates but upcoming changes could be about to hit them hard Increased Fed fund rate to prick city's credit bubble Hong Kong banks have been awash with cheap credit for nearly seven years but the wellspring is about to dry up. After a meeting of its Federal ...

  7. Positions in marketing on the cards

    Posted Jun 12th 2004, 12:00am by Charlotte Petrie

    ... Charlotte Petrie The strategic intent at Bank of China Credit Card (International) is to become the leading issuer of credit cards in the region and internationally. To do this, BOC Credit ... privileges for cardholders is also required. 'The credit card market is really competitive and any potential employee must be creative, dynamic and very assertive,' Ms Wong emphasised. ...

  8. Shopping spree ends in court for fraudster

    Posted Oct 30th 2004, 12:00am by Elaine Wu

    ... Elaine Wu A 19-year-old saleswoman stole a credit card from a shopper and went on a shopping spree, treated herself to a pizza and entertained herself at a karaoke club. Ngan Ka-man ... at the Survival clothing shop in Pak Sha Road, Causeway Bay, on August 8. Ngan had kept Lam Hing-ling's credit card after a sales transaction. Lam did not realise her card was missing until two days ...

  9. Credit culture sprouts at vegetable market

    Posted Sep 26th 2003, 12:00am by Hannah Lee

    ... The cash culture of the 60-year-old Cheung Sha Wan retail market is facing a revolution with the introduction of a credit card designed specifically for its customers. The market employs ... had to be counted and recounted - wasting time as well as posing a security problem. The new payment card - jointly set up with credit card giant MasterCard - promised to make life easier ...

  10. Credit-cards-only rule to fight graft

    Posted Dec 10th 2011, 12:00am

    ... Staff Reporter Beijing will make the use of official credit cards for major purchases mandatory for officials from next year. The move is a bid to curb the abuse of public money and assuage public anger over corruption. The Ministry of Finance said on its website that 16 categories of business expenses will be required to be settled by official credit cards in order ...




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