Chip and Pinch
 

http://www.leedstoday.net/ViewArticl...ticleID=992656

My parent's local Co-op. My mum lost about £13 but it was recredited. Her neighbour is £500 overdrawn and facing massive bank charges. One woman has lost over £2000 :shocked:

The mother of all banking cock-ups, surely. How the hell it could have happened I don't know. I would have thought all the banks' counter-fraud mechanisms would have flagged it up :erm:

Re: Chip and Pinch
 

doesnt look like it had anything to do with chip & pin though, just someone messed with a computer and got it wrong...

Re: Chip and Pinch
 

They were upgrading the cash systems to take chip and pin and they basically re-submitted a load of old debit card transactions. A live system - you just don't do things like that. Change control! I'm aghast :no:

Re: Chip and Pinch
 

copycat :(

http://www.cableforum.co.uk/board/sh...ad.php?t=26964

Re: Chip and Pinch
 

Awwww :hugs:

It's not fraud - it's some muppet with access to systems that he/she lacks the intelligence to access :rolleyes:
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Can you imagine the bank statements - four or five pages of transactions to the Co-op :Yikes:

Re: Chip and Pinch
 

hehe yeah lol... just it's [IMO] relevant enough to not warrant a separate thread.

The banking dudes think that chip and pin is totally safe, and really, it's anything but. As I said in the other thread, this bint on Tonight was so unbelievably naive about it, it's almost like she'd not lived and it was so worrying.

Re: Chip and Pinch
 

Have you noticed in some shops people are wondering around with wireless card readers asking if you want to pay without queing,no way hosea lol lol lol

Re: Chip and Pinch
 

Which shops and where? I'd be interested to hear a bit more about this.

Re: Chip and Pinch
 

Very interesting. Although deeply worrying. :erm:

Re: Chip and Pinch
 

Woolworths is the main one they stand there calling it quick Maybe im paronoid but I dont think its safe