First, we said goodbye to the floppy disk drive. Then, the Sony Walkman was unceremoniously buried. Now, it's time to prepare a eulogy to a gadget that's been an even bigger part of the American ...

Discover how chip cards enhance security with embedded microchips. Learn their types, benefits, and how they work to secure transactions at ATMs and stores.

Prolonged exposure to magnets can affect the functionality of your credit card. Cards with magnetic strips can also become demagnetized due to dirt, scratches and other damage. EMV chip technology has ...

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.

Mastercard announced that all of its debit and credit cards will lose the iconic magnetic stripe starting in 2024. Various advancements in payment technology have made the magnetic stripe unnecessary.

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 ...

Mastercard plans to phase out magnetic strips on credit and debit cards by 2033 due to the rise of other payment technologies, something that could change the appearance of the physical Apple Card.

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 ...

Opinions expressed by Entrepreneur contributors are their own. Fraud-deflecting microchip embedded credit cards are on their way to your wallet in October 2015. But, according to Visa and MasterCard, ...