Financial Times FT.com

Stronger line needed on e-bank fraud

Published: May 8 2008 03:00 | Last updated: May 8 2008 03:00

From Ms Michelle Weatherhead.

Sir, While your article “Fraud threatens payments systems plan” (April 28) highlighted the unrelenting threat non-cash payments fraud in the European Union continues to pose to the payments industry, it does not draw attention to the European Commission report's fundamental lack of recommendations on the subject. The Commission is missing the opportunity to advocate stronger countermeasures, despite the continuous growth in fraud across Europe.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this