Remember meForgot password?
    Log in with Twitter

Credit cards News

Payment processor exposes 2.5M credit card transactions Special

PAAY, a New York payments start up, exposed millions of credit card numbers. The massive database storing millions of credit card transactions has been secured after being exposed to the public for three weeks on the Internet.

Payment processor exposes 2.5 million credit card transactions Special

Paay, a New York-based card payments processor, left about 2.5 million credit card transactions publicly exposed for roughly three weeks. Chris DeRamus, CTO and co-founder, DivvyCloud looks into the issue.

Q&A: Why the 'cashierless' trend is here to stay Special

Computer vision is a form of artificial intelligence that trains computers to interpret and understand the visual world. Such technology is being used to run cashierless stores and it is set to shape a number of other industries in the near future.

NCSC report reveals 1 million payment card fraud cases thwarted Special

The NCSC’s annual report reveals that has thwarted more than one million cases of suspected payment card fraud in the last year. OneSpan’s Mark Crichton, Senior Director Security Product Management provides an assessment.

Reintroduction of the Safe Banking Act would cover cannabis

U.S. Sens. Jeff Merkley (D-OR) and Cory Gardner (R-CO) have reintroduced the Secure and Fair Enforcement (SAFE) Banking Act in the U.S. Senate as the House companion bill, HR 1595, gains momentum.

Visa offers businesses $10,000 each to go cashless

Visa Inc. is offering to pay 50 American eateries $10,000 each if they refuse to accept cash payments from customers. Visa believes companies will make more money if they become completely cashless.

Despite economy, Americans are optimistic about their credit

Many Americans are concerned about jobs and the economy. But despite today's business climate, most people remain optimistic when it comes to managing their wallet and personal finances.

Costco's switch to Visa from Amex hits unanticipated challenges

Issaquah - If it isn't one thing, it's another complicating discount retailer Costco's switch to Visa-branded credit cards from American Express.

Thanks to new credit cards, Netflix can't collect its money

On Wednesday, Netflix reported that it saw around 300,000 less signups in the United States than it had expected in the last quarter. One of the reasons why growth was slow is because of the ongoing switch to chip-based debit and credit cards.

Our credit cards are changing — What you need to know

Big changes are coming to credit card users in the U.S. on Thursday. October 1 is the deadline for businesses to upgrade registers and credit card readers to accept a new type of credit card that includes an embedded computer chip.

EU charges credit giant MasterCard with antitrust violations

The European Union on Thursday formally charged credit card giant MasterCard with antitrust allegations, alleging the credit giant is artificially raising monthly minimum payments for its European customers.

Op-Ed: Most Americans would be concerned if spouse had bad credit

Nearly 3 of 4 Americans (73%) would be concerned if they discovered their fiancé had a bad credit rating, according to a new survey by Capital One. Additionally, a spouse's bad credit rating is more likely to concern women (80%), compared to men (66%).

Amazon sued by U.S. regulators over kids apps

Washington - The US Federal Trade Commission (FTC) has sued Amazon. The FTC says that Amazon allowed millions of dollars of unauthorized purchases by children to take place in its mobile app store.

Majority do not understand differences between credit cards

A large number of credit card users do not fully understand their card's terms, benefits and rewards program, and have trouble selecting between different types of cards. This is according to an annual survey of credit card users.

Op-Ed: Credit cards — How many is too many?

This is a question many credit card users ask themselves. The real answer to the ‘how many’ question is this: it depends.

Op-Ed: Warning to a world growing increasingly dependent on credit cards

It is absolutely possible for a person to get by without a credit score. This, by extension, means that it is absolutely possible to get by without credit cards.

Heartbleed virus poses risks to all data, sent and received

When security researchers noticed issues with encryptions used to securely transmit emails, e-commerce transactions, social network posts, and other Web traffic, they dug deeper to discover the cause was something lurking for over two years.

PayPal president's credit card gets hacked

Despite running a global business that is designed to hold hackers at bay, PayPal president David Marcus has tweeted that someone used a skimming device to clone his credit card while he was in the U.K.

Chip and Pin to become U.S. norm by October 2015

Following security breaches at Target as well as other retail chains, it has been announced that the more secure chip and pin technology in credit cards will be issued.

Target CEO: Banks need to issue chip-based credit cards in U.S.

With the FBI now warning all retailers on similar breach possibilities, Target CEO Gregg Steinhafel is refocusing attention on the need for chip-based credit card technology adoption in the United States.

FBI warns of more credit card breaches

Washington - The FBI has warned retailers to be prepared for more cyber attacks like those that affected Target and Neiman Marcus as well as others over the last few months.

South Korea hit hard with credit card information theft

The hackers that targeted the credit and debit card system for Target during the Christmas season jeopardized close to 40 million customers accounts, to date. An even bigger breach has been discovered in South Korea, affecting almost half the country.

Russian man creates own credit card and sues bank for closing it

Moscow - A Russian man scanned a commercial credit card agreement and changed the terms of contract in his favor. After returning it signed to the lending bank, they failed to notice the trick and now a Russian court has backed him up.

Chief Justice's credit card theft sparks renewed consumer caution Special

The Chief Justice of the United States Supreme Court John Roberts recently revealed that he was the victim of credit card information theft.

Twitter, Amex let card members pay for items using a #hashtag

New York - American Express is introducing a new service on Twitter that allows its customers to make purchases through specialized tweets. The new feature is called "Amex Sync" and by including a special hashtags, consumers can purchase items.

Credit card 'checkout fees' for consumers permitted as of Jan. 27

This week a new rule comes into effect that may impact how often you use your credit card. As of Sunday, stores in most U.S. states are permitted to charge customers a "checkout fee" when paying by credit.

Op-Ed: A Faustian Christmas: Why not to use credit cards during holidays

Toronto - It's less than week away until Santa Claus comes down that chimney to deliver gifts for Christmas. Question: how did Santa Claus pay for all those presents? Let's hope it wasn't with a credit, otherwise he'll be in serious trouble.

High Canadian debt levels soar, Q3 hits all-time record at 164%

Ottawa - A new report from Statistics Canada has found that consumer debt levels have hit an all-time high in the third quarter of 2012. The debt-to-disposable-income ratio stood at 164.4 percent, up from 163.3 percent in the previous quarter.

New malware steals credit card data from point-of-sale terminals

A security researcher has uncovered a type of malware being used to directly steal credit card payment information straight from point-of-sale terminals at retailers, hotels and other places of business.

Canadian student pays tuition in coins to protest new fees

Calgary - A student in Canada was upset over a new fee tagged on by his college. The additional fees for the upcoming semester were added on to tuition costs for students that planned to pay by credit card. His solution was to pay the tuition, in full, in coins.
  1 2 3 Next»

Set up a news alert for

Credit cards

Credit cards Image

Credit cards.
Credit cards.
Damien Meyer, AFP/File
A woman swiping her card to make a payment.
A woman swiping her card to make a payment.
File photo
Credit Cards
Credit Cards
Lotus Head
U.S. financial institutions are issuing credit cards with EMV computer chips  which are widespread i...
U.S. financial institutions are issuing credit cards with EMV computer chips, which are widespread in other parts of the world. They promise to be more secure than traditional magnetic stripe cards.
Depicting the idea of online shopping
Depicting the idea of online shopping
Via Flickr user StormKatt (CC BY 2.0)
Credit Card
Credit Card
Public Domain Pictures
credit cards
credit cards
andres rueda
MasterCard and VISA credit cards are seen in this illustrative photo
MasterCard and VISA credit cards are seen in this illustrative photo
Bobby Yip / Reuters,
Cut to pieces. One less credit card.
Cut to pieces. One less credit card.
Credit Card
Credit Card
Photo by b.franchina
Credit Card
Credit Card
Photo by The Consumerist
How safe is our credit information  really?
How safe is our credit information, really?
Reza Like (CC BY-SA 3.0)
Federal funds rate history and recessions. Like the Bank of Canada  the Federal Reserve regulates in...
Federal funds rate history and recessions. Like the Bank of Canada, the Federal Reserve regulates interest rates across the banking system in the U.S.
Federal Reserve Economic Data
How safe are your credit cards?
How safe are your credit cards?
Lotus Head from Johannesburg, Gauteng, South Africa
credit cards
credit cards

Latest News
Top News