Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Toby Walters is a financial writer, investor, and lifelong learner. He has a passion for ...
Thieves are still able to steal information from cards' magnetic strips. — -- When it comes to stealing credit card information, it's unfortunately as easy as swiping your card in any skimming ...
Chip Cards vs. Magnetic Stripes: Is One More Likely to Fall for Scams? Think back to the last time you paid for something at a store. Did you swipe your card, or did you dip it into the terminal? The ...
Cashless payments are now very common. It makes life convenient for one does not have to go to a bank and withdraw money. Though this may come in handy, the concern is always about security. The ...
NEW YORK – A big change is happening inside your wallet. U.S. banks, tired of spending billions each year to pay back fleeced consumers, are in the process of replacing tens of millions of old ...
If imitation is the sincerest form of flattery, imitation of your credit cards must be the sincerest form of identity theft. For years, identity thieves have produced copies of credit cards (otherwise ...
NEW YORK--(BUSINESS WIRE)--SmartMetric, Inc. (OTCQB: SMME): Mastercard has announced that by 2024 card issuers will no longer be required to use magnetic stripes on their credit and debit cards.
Major data breaches keep piling up. So some banks are issuing cards equipped with microchips in advance of the industrywide October 2015 deadline to shift from magnetic-stripe to chip cards. Chip ...
The credit card transition from "strip to chip" has Rochester retailers gearing up to accept the new, more secure credit cards. The U.S. credit card industry is following the rest of the world by ...
But you may be in for some surprises, and I say this from personal experience. I recently was with two childhood friends on our annual girlfriends getaway, which included shopping. I handed my ...
Jason Fernando is a professional investor and writer who enjoys tackling and communicating complex business and financial problems. Toby Walters is a financial writer, investor, and lifelong learner.