Portugal Registers Decrease In Banknote Fraud

What's Next In Payments®
4:58 PM EST January 28th, 2013

The Portuguese Central Bank (Banco de Portugal) has announced a decrease in the number of false banknotes being aprehended in the country. The number of total fake banknotes dropped to 11,400 in 2012, from 15 841 in 2011. The bank continues to promote anti-fraud initiatives and welcomed the launch of the new €5 banknote, which will make it harder to falsify the banknote.

Read the full story here (in Portuguese).

Topics:
Comments
Also by This Author
What's Hot
News
Wells Fargo, JPMorgan Chase Face Justice for Mortgage Kickbacks
Company Spotlight
MasterCard Removes Block On Cuba Transactions For U.S.-Issued Cards
Security & Risk
OTA: 90% of 2014 Data Breaches Preventable
Merchant Innovation
At Davos, Bitcoin Finding Its Place Among World’s Elite
View All Articles ››
You May Also Like
Company Spotlight
Different mPOS Strokes for Different mPOS Folks
International
Digital River Offers A Sneak Peak At Mobile eCommerce Trends
Mobile Commerce
Trustwave Buys Cenzic To Beef Up App Testing Capability
Cool
A Half Billion New (And Mostly Mobile) Users – What’s Next For The Web
News
Capital One Reports $999 Million Q4 Income
News
Wells Fargo, JPMorgan Chase Face Justice for Mortgage Kickbacks
News
PCI Chief Calls 2015 ‘Defining Year for Data Security’
View All Articles ››