Tide tackles fraud with simple change to payment cards

Tide strips card numbers to reduce card fraud risk

Tide has become the first UK provider of business cards to remove printed numbers from its cards – eliminating its own exposure to several major types of card fraud that rely on visible card details.

Tide tackles fraud with simple change to payment cards

Tide, the London-based business management fintech group, is aiming to tackle payments frauds by modifying the cards it issues to customers. The LocalGlobe-backed firm has decided to remove printed numbers from its payment cards, in a move it describes as a first for business card providers. As fraud increasingly becomes a concern for businesses of all sizes, most will be concerned with the numerous avenues that bad actors can take to extract ca…