How long does Information stay on Credit Reports?

If you are concerned how long any negative information will remain on your credit report, it takes seven years from theDate of the Last Activity (DLA) before the item is deleted from your records (and seven to 10 years for bankruptcies). This is a very common question posed to credit reporting agencies....more

My EMV for a Week Challenge is DONE!

This week I worked with Gemalto, as part of Gemalto’s #ChipAwayAtFraud campaign. I was tasked with using my “chip” card when making a bunch of every day purchases like getting coffee and shopping. Gemalto, one of the world’s leaders in digital security, wanted a real-world take on the EMV card experience, which includes the security benefits EMV cards presents. You know EMV; it’s the “chip” credit card that, by now, you should have....more

Should You Use Near-Field Communications?

Have you ever wondered what kind of superpower you’d have? I’ve always wanted to send messages and ideas with my mind to others. My dream can sort of come true with near-field communications (NFC)....more

Card Company's boosting Payment Security with Mobile

Whoever thought that one day, paying with green paper would be viewed as primitive as a horse and buggy? We seem to be getting closer to that time, especially since the security of making payments via smartphone is always being improved....more

Chip and PIN, will It save Us?

Many Americans, says a recent survey by Gallup, worry about a data breach connected to the use of their credit cards. Interestingly, many people use a credit card for everything under the sun: even just a soda and bag of chips from the convenience mart. The more you use a credit card, the more likely it will be compromised by cyber thieves....more

Chip and PIN vs. Chip and Signature Cards

The planet’s most powerful nation is sure backwards when it comes to the payment card industry: Why has America been using 1970s technology as of the posting date of this article? That magnetic strip on credit and debit cards has GOT to go already! And thank goodness, the transition to chip technology is more imminent than ever....more

21 ways to Prepare your Credit Cards for Overseas Travel

Imagine being overseas, and in the process of using your credit card to make a purchase—and it’s declined—and you have no currency or checkbook. Nightmare.The decline could be to prevent fraudulent use; perhaps it was recently reported lost, but then found or the country you are in is known for fraud. To clear this up, you must call the card company and tell them that the purchase you want to make is legitimate....more

Credit Card Fraud booming

Online credit card fraud is flourishing, according to the U.S. Retail Fraud Survey 2014. One of the reasons is because online sales are ever on the increase, currently accounting for 6 percent of total sales, says the report, the most extensive of its kind. The projection is that within three years, retailers will be getting 15 percent of their sales online....more

Credit Card Fraud Security Bleak

The U.S. is no Superpower when it comes to card payments: the card hacking headquarters of the world.Don’t count on credit card fraud going away too soon. After all, Americans practically sleep, eat and breathe credit card use. And it’s those doggone magnetic strips on the cards that keep getting consumers, retailers, banks and the card companies in a fix. The strips make it so easy for hackers—and they know it....more

Credit Card Theft increasing for Banks and Retailers

2013 was the year of 740 million records involving data breaches. And that number may be erring quite on the conservative side, according to the Online Trust Alliance. The records come from a list on the Privacy Rights Clearinghouse Chronology Data Base....more
Menu