Banks urged to further tighten criteria for getting credit cards

ALOR SETAR: Financial institutions, especially commercial banks, are urged to abide by stipulated guidelines and to tighten regulations on the issuing of credit cards to avoid fraud.

MCA vice-president Datuk Seri Chor Chee Heung said the failure by financial institutions to do so had resulted in many cases of people using false identification to be issued with credit cards.