The credit card feature that may allow fraudsters to keep spending (opens original article in a new tab)

A credit card feature called automatic billing updaters (ABUs) may let fraudsters keep using stolen card details after a replacement card is issued, according to consumer watchdog Which?

• Automatic billing updaters (ABUs) on replacement credit cards may allow fraudsters to continue spending
• Banks often do not let customers opt out of ABUs, increasing fraud risk
• Which? urges banks to let customers disable ABUs and improve fraud prevention measures
• Some banks claim their procedures prevent repeat fraud or block specific merchants