Despite increasing security measures, consumers are still at risk of credit fraud. Here's what you should know to prevent it ...
By Funto Omojola, NerdWallet It may not seem “futuristic” these days to dip or tap a credit card instead of swiping it, or to hold a cell phone over a payment terminal to cover your groceries. But in ...
Despite serious security issues and plunging usage in recent years, magstripe payments continue to be supported by South ...
Over 400,000 cases of credit card fraud were reported in 2024 to the Federal Trade Commission. The CyberGuy explains how to protect against becoming another victim.
Cash App users who were victims of fraud may have money coming their way, after the app's parent company was fined $175 million for "weak" security measures and poor customer service.
Introduced as a way to mitigate credit card fraud, EMV chip cards feature a small microprocessor that generates encrypted data and requires consumers to insert (or "dip") their card into a card ...
Université du Québec à Montréal (UQAM) provides funding as a founding partner of The Conversation CA-FR. Université du Québec à Montréal (UQAM) provides funding as a member of The ...
One notable card advancement in the U.S. over the past decade was the proliferation of EMV-enabled cards. Those initials stand for Europay, Mastercard and Visa, the companies that developed the tech.
Using a biometric scanner on your credit card makes your transactions more secure, but it might not solve any real issues.
"Cash App created the conditions for fraud to proliferate on its popular payment platform," CFPB Director Rohit Chopra said in a statement. "When things went wrong, Cash App flouted its ...