Many of you may have noticed that your credit card has had a bit of a makeover recently. That’s because the United States is finally getting chip cards for increased credit card security. The smart ...

The high-tech part involved hacking into financial accounts. The low-tech part: making homemade debit cards that get away with it in one important country: ours. To simplify, this was a two-part crime ...

A weekly summary of the top credit card stories that appeared in major publications across the country. Is a Store Credit Card Right for Your Wallet? For many consumers, a trip to the mall is fun, ...

Is the dark, broad magnetic strip on the back of the credit cards that you–or your customers–swipe during purchases going the way of the eight-track tape player and dial-up modem? That appears to be ...

Mastercard is phasing out the magnetic strip that has been the vital element of all credit and debit cards since the 1960s. The financial services giant has said that the strip is on the verge of ...

Criminals may have stolen information from 40 million credit and debit cards used at Target. A possible weakness? The magnetic stripe on credit cards — which fraudsters can pull credit card numbers ...

If you look at your credit or debit card closely, you will observe that it has a black magnetic strip on the back, or a chip in front, or both. Now that you’ve found it out on your card and are ...

Mastercard customers will no longer be able to swipe their cards at the checkout under plans to phase them out to encourage safer methods such as contactless and fingerprint payments. The card issuer ...

Mastercard plans to start phasing out magnetic strips on its debit and credit cards in 2024. However, the process will take nine years, as Mastercard expects the process to be complete by 2033, the ...

The U.K., Canada and other countries have been using more secure chip credit cards for years now. Why hasn't the U.S. caught up? Criminals may have stolen information from 40 million credit and debit ...