Half of the respondents in a 14-country survey about fraud concerns cited cards as their main worry, yet 10% of them in the U.S. said they carry their PINs with those same cards.

The findings by the December survey of 4,200 respondents was sponsored by payments processor ACI Worldwide, which said the findings highlighted both fraud fears and the need for fraud prevention education.

The survey found that 21% of the Italian respondents said they had carried their card PIN with them–a violation of a "cardinal rule" of card safety, the company said–a number that rose to 23% in India and 27% in China. Meanwhile, nearly 20% of the American respondents also said they still throw bank statements and receipts in the trash can, ACI said.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.