NEW YORK (AP) -- A big change is happening inside your wallet. U.S. banks, tired of spending billions each year to pay back fleeced consumers, are in the process of replacing tens of millions of old ...

Chip Cards vs. Magnetic Stripes: Is One More Likely to Fall for Scams? Think back to the last time you paid for something at a store. Did you swipe your card, or did you dip it into the terminal? The ...

Credit and debit cards in the U.S. now have EMV -- Europay, Mastercard and Visa -- chip technology, the global standard for card payments that significantly reduces fraud. Most card users are familiar ...

It has been ten months since the October 1, 2015 deadline for credit card companies and retailers to switch to smart chip EMV credit cards in order to avoid liability for fraudulent card use and now ...

Chip cards are less vulnerable to skimming than magnetic stripe cards, but they aren’t completely safe. Crooks can still capture your card information from a chip card using a technique called ...

NEW YORK--(BUSINESS WIRE)--SmartMetric, Inc. (OTCQB: SMME): Mastercard has announced that by 2024 card issuers will no longer be required to use magnetic stripes on their credit and debit cards.

Mastercard announced that all of its debit and credit cards will lose the iconic magnetic stripe starting in 2024. Various advancements in payment technology have made the magnetic stripe unnecessary.

NEW YORK (AP) — A big change is happening inside your wallet. U.S. banks, tired of spending billions each year to pay back fleeced consumers, are in the process of replacing tens of millions of old ...