CBA reveals cases of fraud in sphere of payment cards

The Azerbaijan Association of Banks (AAB) has held the second meeting on risk management in the sphere of fraud with the plastic cards. AAB says the participants have held discussions about current situation in this sphere, works in this sphere in Turkey, problems in this sphere and measures taken.

Deputy Chairman of Working Group Ramil Mahmudov noted that, there were cases of fraud in the sphere of payment cards and it was important increase the efforts by financial organizations in struggling against it.

Besides, an Action Plan of Working Group for 2012-2013 was affirmed at the event.

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