CHICAGO, Illinois -- The I-Team uncovered a security problem with the chips added to credit and debit cards to keep consumers safer - they can fall out and put you at risk. The chips in credit and ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South ...
New credit cards are sticking around longer in consumers' wallets. Why? The change to chip cards has made them more durable, and that means card expiration dates can be longer, too. "Historically, mag ...
The U.S. Secret Service is warning financial institutions about a new scam involving the temporary theft of chip-based debit cards issued to large corporations. In this scheme, the fraudsters ...
CHICAGO (WLS) -- The I-Team is investigating a lapse in security concerning your credit and debit cards. The new chip technology was rolled-out nationwide last fall. So why are you still swiping your ...
Your credit or debit card with a chip in it, touted as being less vulnerable than magnetic strip cards, may not be as safe as you think. Some consumers' chip cards are getting hacked anyway and they ...
Chip-based credit and debit cards are designed to make it infeasible for skimming devices or malware to clone your card when you pay for something by dipping the chip instead of swiping the stripe.
Austin has become the first region outside the Seattle area where Whole Foods Market is offering the palm recognition service Amazon One as a payment option. The Arbor Trails Whole Foods store is the ...
A chip and PIN card is a credit card that includes microchip technology and a personal identification number (PIN) to securely verify a cardholder during a transaction. The embedded microchip is ...
Ohio is moving to harden its food assistance system after a wave of electronic theft drained millions of dollars from low income families' grocery budgets. State leaders are now betting that chip ...
CHICAGO, Illinois -- The chips in credit and debit cards protect consumers from hackers, but the same technology could make you a victim of fraud, the I-Team at our sister station WLS-TV found. The ...