China has a debt problem. More specifically, Chinese citizens are suddenly drowning in debt after the country opened the door to personal lending in 2014. Now people are borrowing money so recklessly that at least one woman literally rearranged her face in order to avoid paying back her $3.7 million debt. It almost…
Wikileaks editor-in-chief Julian Assange blatantly lied about publishing only the “last four digits” of credit card numbers from democratic donors during an appearance on the HBO show Real Time with Bill Maher on Friday.
The Chase Sapphire Preferred card took the skies in the nomination round of this week’s Co-Op, while every other card was stuck on the tarmac. The Sapphire Preferred card is notable for offering a 50,000 point sign up bonus if you spend $4,000 in the first three months, as well as the ability to transfer those points…
Assuming you can pay off your balance every month, travel rewards credit cards can shower you with plane tickets, hotel rooms, and rental cars essentially for free. In fact, I just booked two round trip tickets to Hawaii using nothing but a sign-up bonus.
Update: Sold out
Before you light your wallet on fire, let’s clarify something: the rollout of chip-enabled cards is going to help prevent fraud in the long run. But for merchants that are yet to get their shit together, the move away from magstripe is actually causing problems.
American Express has warned its customers that they may have had their personal information stolen during a data breach—which happened in 2013.
It’s over four months since retailers around the US were supposed to start using EMV technology to accept your card payments. So why is it that so many stores seem to be ignoring the chip?
Credit cards and passports are filled with microchips brimming with your personal information—and give off radio waves to any nearby sleazebag that wants to steal your identity. A new generation of those chips stands to stop hackers in their tracks.
You’re sitting at home minding your own business when you get a call from your credit card’s fraud detection unit asking if you’ve just made a purchase at a department store in your city. It wasn’t you who bought expensive electronics using your credit card – in fact, it’s been in your pocket all afternoon. So how did…
This humble-looking piece of circuitry, little larger than a quarter, can be used to wirelessly fool magnetic stripe readers into thinking you’ve swiped your card, by generating hefty magnetic fields that mimic the data held on it.
Ready to speak to the future? For a limited time, Amazon Store Cardholders and new members can save $50 on the surprisingly great Amazon Echo, bringing it down to just $130. That would be a good price for a speaker of this quality on its own, let alone one that can read you the news and convert measurements while you…
You may be under the impression that the new EMV chip system for credit card payments is nice and secure. But the UK’s been using it since 2003 — so crooks have had plenty of time to work out how to hack the system and steal your cash.
Today is the deadline for US retailers to switch over to a payment technology called EMV. That means you’ll have to start verifying your credit card with a chip, as well as a swipe. We talked to payments industry experts about how EMV works, what’s happening today, and what it means for the average shopper.
Do you like your face? Then you’re going to love MasterCard’s new ID Check security system. The experimental feature uses your camera’s front-facing camera and facial recognition technology so that you can pay with your face. MasterCard thinks millenials will love it.
The ARPANET didn’t make its first host-to-host connection until 1969. But long before anyone was online, communications companies were trying to figure out how to make interactive home shopping a reality. This short 1961 film from Bell Systems (now AT&T) showcases the futuristic tech that they were imagining—including…
Technology is a conquerer. The evidence can be seen in mounds of dead pagers, flip phones, and CDs. When companies and startups agree to kill something off, it’s usually not long for this world. But one piece of tech has become an unkillable cockroach—the credit card.
Among other things, Apple's Second Coming of the Mobile Payment Solution was meant to fix our broke-ass credit card security system. Only, according to (unconfirmed) reports, it's doing exactly the opposite.