Discover The Sweden Non VBV BINs List, its role in rising carding fraud, and measures to boost payment security. Learn how to avoid 2fa in carding today!
Sweden Non-VBV BINs: Understanding Their Role in Digital Fraud
When it comes to online payments, security is a major concern. One key point of vulnerability in the payment ecosystem is the existence of non-VBV BINs (non-Verified by Visa Bank Identification Numbers). These cards bypass additional verification layers commonly required during online transactions, such as 3D Secure or OTPs (One-Time Passwords). While this may streamline the checkout process, it makes these cards an attractive target for fraudsters, contributing to the rise of card-related crimes.
Sweden has seen a significant increase in card fraud, with reported cases rising by 44% in 2023 alone. This alarming statistic underscores the importance of understanding the role and risks associated with non-VBV BINs in the Swedish financial landscape. Below, we’ve compiled a list of Sweden-specific non-VBV BINs, coupled with insights into the broader context of payment fraud in the country.
Sweden Non VBV BINs List
Here’s a detailed table of non-VBV BINs in Sweden for your reference:
| BIN | Card Network | Card Type | Card Level | Issuer |
|---|---|---|---|---|
| 421199 | VISA | CREDIT | CLASSIC | CITIBANK INTERNATIONAL PLC, SVERIGE FILIAL |
| 422165 | VISA | CREDIT | CLASSIC | VOLVOFINANS BANK AB (PUBL) |
| 418540 | VISA | CREDIT | INFINITE | ENTERCARD SVERIGE AB |
| 412497 | VISA | DEBIT | CLASSIC | SPARBANKEN FINN |
| 412496 | VISA | DEBIT | CLASSIC | SPARBANKEN ORESUND AB |
| 412495 | VISA | DEBIT | BUSINESS | SPARBANKEN ORESUND AB |
| 411824 | VISA | CREDIT | CLASSIC | SWEDBANK AB |
| 410806 | VISA | CREDIT | BUSINESS | LANSFORSAKRINGAR BANK AB |
| 453901 | VISA | CREDIT | BUSINESS | NORDEA BANK AB |
| 453900 | VISA | CREDIT | GOLD | NORDEA BANK AB |
| 557447 | MASTERCARD | DEBIT | STANDARD | DANSKE BANK AKTIESELSKAB, DENMARK, SWEDEN BRANCH |
| 557097 | MASTERCARD | DEBIT | STANDARD | SWEDBANK AB |
| 556663 | MASTERCARD | CREDIT | CORPORATE | EUROCARD AB |
| 554501 | MASTERCARD | DEBIT | STANDARD | SWEDBANK AB |
| 554477 | MASTERCARD | CREDIT | BUSINESS | SWEDBANK AB |
| 53008 | MASTERCARD | DEBIT | PREPAID BUSINESS NON US | PREPAY TECHNOLOGIES, LTD. |
| 552764 | MASTERCARD | CREDIT | CORPORATE | EUROCARD AB |
| 552750 | MASTERCARD | CREDIT | CORPORATE | DANSKE BANK AKTIESELSKAB, DENMARK, SWEDEN BRANCH |
| 552724 | MASTERCARD | CREDIT | STANDARD | DANSKE BANK AKTIESELSKAB, DENMARK, SWEDEN BRANCH |
| 552723 | MASTERCARD | DEBIT | BUSINESS | DANSKE BANK AKTIESELSKAB, DENMARK, SWEDEN BRANCH |
| 547621 | MASTERCARD | CREDIT | BUSINESS | CATELLA BANK S.A. |
| 547282 | MASTERCARD | CREDIT | BUSINESS | RESURS BANK AB |
| 547049 | MASTERCARD | DEBIT | STANDARD | CERDO BANKPARTNER AB |
| 547048 | MASTERCARD | DEBIT | STANDARD | CERDO BANKPARTNER AB |
| 464438 | VISA | CREDIT | BUSINESS | SWEDBANK AB |
| 464437 | VISA | CREDIT | BUSINESS | TERRA KORTBANK, A.S. |
| 458196 | VISA | CREDIT | CLASSIC | ENTERCARD SVERIGE AB |
| 458195 | VISA | CREDIT | CLASSIC | SWEDBANK AB |
| 458194 | VISA | CREDIT | PROPRIETARY | SWEDBANK AB |
| 457241 | VISA | DEBIT | CLASSIC | LANSFORSAKRINGAR BANK AB |
| 457009 | VISA | CREDIT | CLASSIC | TERRA KORTBANK, A.S. |
| 457005 | VISA | CREDIT | CLASSIC | NORDEA BANK AB |
| 457004 | VISA | CREDIT | BUSINESS | NORDEA BANK AB |
| 457002 | VISA | CREDIT | CLASSIC | ENTERCARD SVERIGE AB |
| 403252 | VISA | CREDIT | CLASSIC | LANSFORSAKRINGAR BANK AB |
| 402150 | VISA | CREDIT | CLASSIC | LANSFORSAKRINGAR BANK AB |
| 402005 | VISA | DEBIT | CLASSIC | AELANDSBANKEN SVERIGE AB |
| 418758 | VISA | DEBIT | PREPAID | CITIBANK EUROPE PLC |
| 417775 | VISA | DEBIT | ELECTRON | FOREX BANK AB |
| 416057 | VISA | DEBIT | ELECTRON | SWEDBANK AB |
| 415471 | VISA | CREDIT | CLASSIC | FORENINGSSPARBANKEN AB (PUBL). |
| 415367 | VISA | DEBIT | BUSINESS | SKANDIABANKEN AB NUF |
| 414935 | VISA | DEBIT | ELECTRON | TRYGG BANKEN AB |
| 413483 | VISA | CREDIT | CLASSIC | IKANO BANK SE |
| 434954 | VISA | CREDIT | PLATINUM | SANTANDER CONSUMER BANK, A.S. |
| 434953 | VISA | CREDIT | GOLD | SANTANDER CONSUMER BANK, A.S. |
| 434952 | VISA | CREDIT | CLASSIC | SANTANDER CONSUMER BANK, A.S. |
Why Are Non-VBV BINs Significant in Sweden?
The Rise of Card Fraud and Non-VBV BINs
Recent statistics from the Swedish National Council for Crime Prevention reveal a sharp uptick in card fraud cases, specifically due to exploits like social engineering and the misuse of stolen card details. A significant portion of these card fraud incidents involves online transactions made from countries that do not require strong customer authentication. Non-VBV BINs, due to their lack of additional security controls, are often used in these fraudulent transactions.
Sweden has long been a leader in digital payment solutions, yet this surge in online card fraud presents a new challenge. Fraudsters target non-VBV cards to bypass security blocks, making them a particularly risky element in the payment ecosystem.
Social Engineering and Exploitation of Elderly Users
A major form of fraud affecting Swedish citizens, particularly the elderly, involves social engineering. Scammers posing as bank representatives trick victims into providing sensitive details like BankID credentials or PINs. Such schemes, coupled with non-VBV cards, allow fraudsters to perform unauthorized online transactions undetected.
According to the Swedish Bankers’ Association, text message scams are prolific, with about 1% of fraudulent messages leading to financial crimes. This trend highlights the growing vulnerability associated with non-VBV BINs in Sweden’s payment system.
Measures to Combat Online Fraud in Sweden
Both the Swedish government and financial institutions are responding to these challenges with preventive measures. Some of the noteworthy steps include:
- Svårlurad Awareness Initiative: Launched by the Swedish Bankers’ Association and banks, this program educates citizens on avoiding scams and recognizing fraudsters.
- Delayed Withdrawal Accounts: Banks like Nordea introduced savings accounts that delay withdrawals, offering victims time to halt unauthorized transactions.
- Government Collaboration: A stronger partnership between banks and law enforcement is being developed to curb fraud targeting vulnerable populations, such as the elderly.
At the regulatory level, the introduction of strong customer authentication (SCA) requirements for online payments aims to limit fraud. Despite these efforts, non-VBV mechanisms remain a loophole, as they operate outside such verification frameworks.
Why Understanding Non-VBV BINs Matters
For individuals and organizations operating in Sweden’s digital economy, gaining insights into non-VBV BINs is essential. Having a comprehensive understanding of the cards and issuers most vulnerable to misuse can help stakeholders:
- Identify potential risks when processing online transactions.
- Strengthen fraud detection tools by prioritizing risky BINs.
- Empower users with educational resources to guard against scams.
The financial system’s safety hinges on public trust, which can only be preserved if fraud rates are curtailed. Understanding the role of non-VBV BINs is a crucial step toward building a more secure payment infrastructure in Sweden.
Final Thoughts
While Sweden continues to make strides toward enhancing the safety of its digital payment systems, the risks posed by non-VBV BINs cannot be ignored. Every actor in the payment ecosystem, from banks to end-users, has a role in strengthening defenses against fraud. By staying informed, implementing stricter authentication protocols, and fostering collaboration between stakeholders, Sweden can set a robust standard for payment security in the digital age.
