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 ...

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 ...

I was recently gifted a charming, kitschy magnet, and as I tucked it into my wallet for safekeeping, I couldn't seem to remember: Do magnets spell doom for credit cards? Many of us have held onto ...

GREENSBORO, N.C. — This issue with skimmers isn't new and it isn't going away. As long as there are card swipes of any kind, there will be skimmers. Here's why, skimmers read a card's magnetic strip, ...

Discover how EMV technology secures transactions, its benefits over traditional systems, and its limitations in online purchases. Learn what EMV means for your safety.

New York City’s MetroCard — the gold-hued fare card and its notoriously finicky magnetic strip — is being replaced with OMNY, ...

When people banking in the United States lose money because their payment card got skimmed at an ATM, gas pump or grocery store checkout terminal, they may face hassles or delays in recovering any ...

The width of a magnetic stripe track is standardized at about one-tenth of an inch, but as you have likely noticed, most magnetic stripes are wider than this. Why is this? It is because there are ...