Skimming: banks block cards
(WorldNews India)

Many banks, including Bengaluru-based Canara Bank and Corporation Bank, have blocked cards of hundreds of customers in the city to prevent siphoning off customers` cash. The recent ATM skimming incident involving two foreigners in the city has exposed the vulnerability of debit and credit cards. The banking industry has resorted to a large-scale blocking of cards to avoid any fraudulent transactions. Many banks, including Bengaluru-based Canara Bank and Corporation Bank, have blocked cards of hundreds...