Other Card NEWS

The wave chips enable payment without entering a PIN, but some security experts worry about the potential for hackers to take advantage of the technology. It’s called a RFID or Radio Wave Frequency ID chip and works with radio frequencies. It is embedded into the cards and allows transactions to be completed just by tapping […]

myFICO® revealed some habits and behaviors of individuals with FICO scores above 785.

Help is on the way: a federal agency is going to propose a rule that will make it easier for many stay-at-home parents without their own incomes to qualify for a credit card. That is good news for many stay-at-home parents. An amendment to the Federal Reserve’s Card Act rules that took effect last October […]

With today’s economy, you might be incited by offers from your credit card companies to credit card protection insurance. This product promises to pay your bill if you lose your job, become disabled, suffer an injury and can’t work, or die. If you’re already struggling with credit card debt and your job stability feels shaky, […]

The Consumer Financial Protection Bureau launched an online database of complaints about credit cards at http://www.consumerfinance.gov. For the first time, everyone can glance at what people are complaining about, and how banks are responding. The database allows people to see how many complaints are being filed against any bank that issues credit cards and the […]

The latest breach of security related to credit cards has cost the data losses or exposure of more than 1.5 million credit card holders. The most toll of the breach was provided by the Global Payments Company. Global Payments provides credit cards to companies such as Visa, MasterCard, American Express, etc. The card processing company […]

The Verizon Risk team in their annual report of the security of data throughout continental US found out more than 174 million exposed information records. These leakage included credit card numbers, electronic mail addresses, passwords, etc. The Verizon has confirmed that more than 97% of the security breaches were generated with the aid of some […]

If you have a credit card in your wallet, you have to be on double alert with the payment of your bills. Otherwise, you can get into some serious trouble if you fall behind on your bill payments. You could be inviting a lawsuit from the lenders as well as collection agencies seeking damages. In […]

Americans continue to borrow in order to pay for expenses during the holiday season and this has been indicated by the US credit card debt that has posted a solid increase for the second time in a row in December. The level of consumer credit has increased and the outstanding has gone from $19.31 billion […]

Many consumers don’t bother to pay attention to the customer copy of a receipt from a credit card transaction, but those tiny slips of paper contain information that can have potential value for a thief. Whenever someone pulls out a credit card at a point of sale to make a purchase, two receipts are typically […]