At a time when credit card executives thought they had fraud under control, two types of troublesome scams have started to proliferate.

In one scam, the cardholder pays off a balance with a bad check, uses up the new credit line before the check clears, then disappears, leaving the bank unable to collect the funds. Security experts call this crime "bust- out."

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.