After building a USB magnetic stripe reader, [David Cranor] has found a way to fool a magnetic stripe reader using a hand-wound electromagnet and an iPod. The data on a card is read and stored on a ...

Storing information through magnetic patterns was first demonstrated to record audio. Since then, this concept has been applied for different products like floppy disks, audio/video tapes, hard disks, ...

A magnetic stripe reader that its developer, Indala, calls one of the most reliable in the world, and which is backed by a five-year warranty, was introduced at ISC West in Las Vegas. The reader is ...

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 ...

I woke up to an email from my husband: “I suppose you heard about the Target breach. I checked our credit card statement, and it looks like we’re okay for now. But I wouldn’t be surprised if we got a ...

Four decades after its creation, the credit card magnetic stripe has revolutionized the way we make purchases and share personal information. New technology, however, is threatening to send the ...

Hackers stole payment records on as many as 110 million customer accounts from Target over the holiday shopping season, in one of the largest data security breaches in history. The company has ...

If you have a credit card issued by Mastercard, you will get a replacement card in the next few years. The company says it is removing the magnetic stripe on the back of cards containing payment ...

The family of [Chris Patty] decided that their holiday gifts would have to be handmade. So, he decided to make something new for his father: a jukebox with a twist. Instead of a touchscreen or web ...

A small length of magnetic tape adhered to credit cards, badges, permits, passes and tokens. The tape is read by magnetic stripe readers incorporated into ATMs, identification readers and payment ...