bank cards

The Verkhovna Rada has supported legislative changes introducing limits on the number of bank cards that can be issued to a single individual. The initiative aims to combat “money mule” schemes—involving individuals who open cards

PrivatBank has recorded an increase in NFC Relay attacks where fraudsters steal client funds. Criminals trick victims into tapping their bank cards against their smartphones and entering PIN codes to gain remote access to their accounts.

President of Ukraine Volodymyr Zelenskyy has submitted draft law No. 16013 to the Verkhovna Rada, introducing criminal liability for illegal actions with payment instruments and the creation of drop networks. The document establishes fines of up to…