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 ...

Mastercard has announced it will be phasing out the magnetic stripe on its payment cards in "most markets" from 2024 as reliance on chip-based and contactless payments continues to grow. The company ...

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 ...

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.

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 ...

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.” ...

TORONTO--(BUSINESS WIRE)--B2 Payment Solutions Inc. (B2), an organization providing best-in-class products and services for the payment industry, today announced a new B2 Magstripe Card Simulator, ...

[anfractuosus] has been reading magnetic stripe card… optically! While hackers routinely read and write stripe cards, this is the first time we’ve reported on optically imaging and decoding data from ...

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 ...

Mastercard last week announced that its cards will no longer be issued with the magnetic stripe by 2029, which will presumably include Apple Card. The magnetic stripe was an early 1960s technology ...