Blocking payments on cards
“Thousands of fake webshops are run by foreign criminals far away from Denmark, which makes it complicated for police investigation,” says Toke Mølgaard, Head of Communications at e-mærket.
“The purpose of this new collaboration between Danske Bank and e-mærket is to block card payments that are initiated on fake webshops, until they are closed down by the authorities”, Toke Mølgaard explains, who has reported 150,000 fake webshops to the State Prosecutor for Serious Economic and International Crime. These cases will also be passed on to Europol.
Danske Bank has a great focus on protecting customers from fake webshops and in 2019 alone, more than 350,000 card payments were blocked. With the new collaboration, Danske Bank will be able to intensify its efforts going forward.
“For several years we have worked intensively to identify these fake webshops and stop as many card payments as possible. Today we prevent most of the payments, but we continuously improve to protect our customers from the fraudsters. This is why I am extremely pleased with this new collaboration with e-mærket, which will certainly help us decrease the number of fraud cases in Denmark,” says Ketil Clorius, Global Head of Fraud Management in Danske Bank.