Tide Rolls Out Numberless Cards to SMEs
Hey FinTech Fanatic!
Tide is changing business cards by removing all printed numbers. 🤯
Card-not-present fraud in the UK reached nearly £400 million last year, with related scams adding millions more.
By hiding numbers and codes, Tide aims to stop these common frauds early. Card details will now appear only in the Tide app.
“Criminals have been plundering printed card details for too long, and small businesses have paid the price,” said George Schmidt, Tide’s UK & Europe chief executive.
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