05/02/2012: Trading Standards Institute, Federal Reserve Board, European Central Bank

May is Scam Awareness Month

The Trading Standards Institute (TSI) has launched its Scam Awareness Month to stop the surge in criminals scamming people out of their saving.

From fake lottery wins in the post to Microsoft and Anti Virus support on the phones, Prince X trying to get his millions out of the country via email and door-to-door conmen they all appear to be on the increase.

Average Debit Card Interchange Fee by Payment Card Network

The Federal Reserve Board has published comparative information on the average debit card interchange fees that each payment card network charges acquirers (and indirectly merchants) and provides to debit card issuers. The data compares the 2009 baseline to 2011 (pre-Durbin) and 2011 (post-Durbin).

Recommendations for the Security of Internet Payments

The European Central Bank has issued a set of recommendations (in PDF form) to improve the security of internet payments. These recommendations were developed by the European Forum on the Security of Retail Payments, SecuRePay.