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 ...

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

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 ...

Electric vehicle charging stations could become one of the next big targets for fraudsters — thanks to proposals in several state that researchers say would weaken their security. Most electric ...

For several years now, we've seen consumers and merchants move away from magnetic stripe payments with credit cards. As new payment methods – such as chip and PIN, NFC payments, and even biometric ...

They are everywhere. Magnetic stripe cards are so pervasive that most sources do not even try to calculate the number of cards issued worldwide but rather simply refer to the “billions of cards.” ...

Square’s popular magnetic stripe card reader plugs into an iPhone headphone jack, giving small business owners who would otherwise go cash only the ability to accept debit and credit cards. But Apple ...

Two payments industry veterans have come up with a way to make mobile phones and terminals communicate wirelessly without a conventional wireless or Near Field Communication signal. The Loop Fob and ...

For decades, the magnetic stripe has been ubiquitous on everything from credit cards to tickets to ID badges. But the BBC reports — unsurprisingly — that the mag stripe’s days are numbered. Between ...