Kiwibank issues warning on increased number-crunching fraud

Banks say they’re bolstering fraud detection and customer protection teams as credit card fraud ramps up.

ANZ expanded its customer protection team by a quarter.

Kiwibank has warned customers of increasingly sophisticated credit card frauds, and other banks are taking similar measures to alert customers and bolster resources. 

In an email to its customers, Kiwibank noted the global increase of card fraud, and warned of one particular scheme spiking in New

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