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Risks for credit card users rise in computer age
AP reports rising application fraud as thieves exploit personal data to obtain cards and charge large sums. Banks defend electronic screening while critics urge tougher investigation. MasterCard cites 9.7 percent jump to 28.3 million in 1995, with 6.3 percent of fraud from applications. Federal officials plan information conference to consider stronger enforcement.
MENTIONED IN THIS ARTICLE
Washington
Ken Robinson
Robinson
David Szwak
Shreveport
MasterCard
Jet Lisker
MasterCard International
American Bankers Association
Federal Trade Commission
Commission
Bonnie Jansen