Archive for money

EMV and the SMB: A few things to know

The year of EMV migration is finally upon us, and for small merchants in the US, that means significant changes when it comes to payments.

MasterCard, Visa make plays for payment security

MasterCard and Visa are ramping up cybersecurity efforts for online and mobile transactions.

Poll Shows Broad Impact of Cyberattacks

Just fewer than half of Americans say that a retailer, bank or credit-card company has told them or a household member that their payment card details were stolen in a data breach, according to the latest Wall Street Journal/NBC News poll.

Flaw in New ‘Secure’ Credit Cards Would Let Hackers Steal $1M Per Card

As U.S. banks and retailers are barreling toward a 2015 deadline to replace magnetic-stripe credit and debit cards with more secure cards that come embedded with a microchip, researchers have announced a critical flaw in the card system.

Obama signs order boosting credit, debit card security after spate of bank breaches

Responding to the rising number of data breaches at US retailers, President Obama on Friday signed an executive order that will implement enhanced payment security measures throughout the federal government.

How RAM Scrapers Work: The Sneaky Tools Behind the Latest Credit Card Hacks

Today, news broke of yet more large-scale credit-card breaches at big-box stores, this time at Albertson’s and Supervalu, grocery chains in the American west.

Miss a Payment? Good Luck Moving That Car

The thermometer showed a 103.5-degree fever, and her 10-year-old’s asthma was flaring up. Mary Bolender, who lives in Las Vegas, needed to get her daughter to an emergency room, but her 2005 Chrysler van would not start. The cause was not a mechanical problem — it was her lender.

How to Protect Yourself From Big Bank-Card Hacks

With hackers stealing millions of credit and debit card numbers with seeming impunity from Target, Home Depot, and other retailers lately, it might seem as if there’s nothing the average consumer can do to protect themselves.