Last week, we mentioned card issuer alerts calling for more vigilance on the part of merchants to “shore up” their Point-of-Sale systems, in an age of increased hacking, breaches, and network intrusion. This lack of security has resulted in some...
If you’re traveling abroad this summer, you might want to make sure you have at least one EMV-ready credit (or debit) card at your disposal. (The same might apply if you’re traveling a couple years into the future, after they become more widespread here in...
We write a lot about the coming changes to “charge cards” as we’ve known them, for a couple generations. Changes driven both by technology, and the vulnerabilities of that technology. For example, as a regular reader of these posts, you know that EMV cards are coming,...
As an astute reader of this space, you have, of course, been following all the news and fallout emanating from the Target data breach, affecting upwards of 110 million customers (and of course numerous banks and credit unions who suddenly had to reissue cards, cover...
In increasing signs of a perking — or at least, stabilizing — economy, comes the news that late payments on credit cards are at a 20-year low. According to an AP article, the credit reporting bureau TransUnion is reporting “ the second-lowest recorded...
