November 1, 2016
Think of the great financial centers of the world: New York, London, Frankfurt, Tokyo, Hong Kong, etc. Some of the largest cities in the world. None of them can really call themselves the credit card capitol of the world though. […]
October 25, 2016
As a merchant you are on the front line of the war against identity theft. When processing a transaction, there’s probably one thing that you or your employees are not doing. Are you checking the signature strip on the back? […]
October 18, 2016
One would think that it could be easy to crack someone’s PIN. It’s only 4 digits, how hard can it be? If you are going to try, well good luck. Those four numbers give 10,000 different combinations for a PIN […]
October 11, 2016
We all know that the changeover to the new EMV cards is taking a long time. Many merchants are dragging their feet over the costs of upgrading despite the liability shift that has already occurred. If you still haven’t upgraded, […]
October 4, 2016
We read a lot in the news about credit card fraud. It is a sixteen billion dollar a year problem here in the United States alone. Yes, that was billion with a b. Part of the reason for the high […]
September 27, 2016
Do you watch late-night TV? Chances are then that you have seen advertisements for RFID protecting wallets. Is that something that you might need? Check your credit cards to find the answer. RFID credit and debit cards were introduced in […]
September 20, 2016
Magnetic stripes have had their day. At one time they were top of the line technology. They were used to store data on early computers and to store audio recordings dating back to the days of World War II. If […]
September 13, 2016
Free wi-fi is a wonderful thing. You can do work away from home or just surf the web to pass some time. Heck I’m writing this article on free wi-fi right now. If you use free wi-fi a lot or […]
September 6, 2016
What makes the new chips in the new EMV cards more secure? After all your going from a magnetic strip to a chip, it shouldn’t be that big of a deal, should it? It is. When credit cards were first […]
August 30, 2016
With the new EMV cards being issued (albeit slowly) we should be seeing a decline in stolen credit cards shouldn’t we? After all, these new cards are advertised as being able to cut down on credit card fraud which should […]
August 23, 2016
Do you remember the old Tootsie Pop commercial where the kid asked the owl how many licks it takes to get to the center? Two was the answer. Do you know how long it can take a credit card thief […]
August 16, 2016
Let’s face it, we’re humans and we lose things. We forget where we put something or just simply drop it. Our credit cards are no different. If you notice that you’ve lost your credit card you should notify your issuer […]