Qin Tian, a local resident, was warned that scammers could fraudulently swipe money off his credit card, and they did not need his card to pull off the stunt. But the warning came only after Qin had lost 6,000 yuan ($882) on his Bank of China credit... ...full story at People's Daily
from People's Daily on Tue, Mar 31 2009
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| 08 Nov 08 |
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Magnetic Swipe Card Reader/Writer MSR and Program »
YouTube video Program:Its really easy what the video shows, putting the information from one card to another one, just that.
The machine is called MSR (Magnetic Stripe Recorder). This model is CFCB, made in China, reads tracks 1 & 2 & 3 perfect for credit cards and... |
| 19 Jun 09 |
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Woman uses credit card found in ATM and pays » People's Daily A greedy woman was arrested for credit card fraud after she stole 5,000 yuan ($731) using a credit card another customer forgot inside an ATM. After seeing the card, she wore sunglasses to cover her face and then withdrew the money. Huang, owner of... |
| 03 Mar 09 |
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'Red card' polluters face credit crunch » People's Daily Sixteen firms in Guangdong have been warned they may be denied further access to loans by local banks after receiving their second red card in the environmental protection credit ratings. The companies were among 28 given the worst rating in 2006 by... |
| 15 Oct 09 |
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Central Bank: utility payments will be gradually incorporated into credit records » People's Daily In 2006, the central bank established a national uniform corporate and individual credit information database, which automatically produces a "credit report" for those who have opened a bank card or secured a bank loan. On October 13, the... |
| 24 Dec 08 |
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Foreign bank issues first RMB-denominated credit card » People's Daily The Bank of East Asia (China) launched the China UnionPay (CUP) RMB credit card on December 23, making it the first foreign bank to issue CUP RMB-denominated credit cards in the Chinese mainland. Foreign banks have diversified their operations in China on... |
| 16 Sep 09 |
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China's credit card debt continues to grow: central bank » People's Daily Credit card debt in China at least six months overdue rose 131.3 percent year on year in the second quarter of 2009 to 5.77 billion yuan (845.24 million U.S. dollars), the People's Bank of China, the central bank, said Wednesday. Debts overdue by... |
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