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HSBC Bank Sends Activated Debit Cards Through Mail
Knowzy writes "At least two divisions at HSBC Bank apparently failed card issuing 101 and are mailing out debit cards pre-activated. Because they are debit cards, fraudulent transactions come directly out of a victim's checking account. A similar report from 2004 suggests this issue is longstanding and widespread. When confronted with the evidence, HSBC would not commit to fixing this issue, preferring instead to offer vague statements like, 'Through our systems and analytics, we focus on the greatest and most active threats in an effort to avoid negatively impacting customer experience.'"
HSBC becomes the first bank to issue pre-signed checks to make check writing easier for it's customers. Simply fill in the amount and date and use the checks as easily as their pre-activated debit cards.
If it were my bank I'd take my money and walk....
According to the article they're more than happy to let anyone take your money and walk.
Ah, yes. Rodney King. A horribly mistreated young man who decided it was a good idea to lunge at a police officer carrying out a legal arrest while out of his mind on narcotics. Just out of curiosity, how do you think the police should have handled that situation? And do you think the subsequent torching of large parts of Los Angeles was an acceptable reaction?