'Chip and pin' could hamper card use - papers 22nd Dec

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Millions of people with credit cards issued by major banks may not be able to use them in the January sales, says the Daily Telegraph , because some firms have yet to send customers the new ‘chip and pin' cards.

Barclays and HSBC have admitted nearly one in three of their customers have yet to receive the new anti-fraud cards, that figure becomes one in five for Lloyds TSB and Natwest. This could leave several million customers without the ability to use their credit and debit cards as retailers can refuse to accept the old-fashioned cards from January.Robert Bonnier, a one-time star of the dotcom boom who created Scoot, has been hit with the largest fine handed out by the FSA to any one individual – of £290,000 - for his share dealings in serviced office company Regus two years ago, says the Gu...

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