Credit cards have now become an integral part of every American's life. TransUnion, one of the major credit bureaus, reports that there were more than 430 million credit card accounts in the U.S. at the beginning of 2019. And this number keeps growing continuously. So does fraud. According to Rippleshot, a company providing fraud analytics software, the number of fraud victims among credit cardholders increased from 6,6 million in 2014 to 7.6 million in 2017. Therefore, it is not surprising...
Continue readingCredit cards have now become an integral part of every American's life. TransUnion, one of the major credit bureaus, reports that there were more than 430 million credit card accounts in the U.S. at the beginning of 2019. And this number keeps growing continuously. So does fraud. According to Rippleshot, a company providing fraud analytics software, the number of fraud victims among credit cardholders increased from 6,6 million in 2014 to 7.6 million in 2017. Therefore, it is not surprising...
Continue readingMembers of the country’s second-largest credit union will now be able to check out more quickly and easily using contactless payments. Paying for transactions with a simple tap of a contactless...
Continue readingData breaches are increasingly, and alarmingly, common—for big companies and small businesses alike. And for smaller businesses, the effects of these breaches can be devastating. A recent Bank of...
Continue readingA new co-branded travel rewards credit card from Chase and Marriott will offer card members a 100,000-point sign-up bonus, as well as six points per dollar spend on all purchases at participating...
Continue readingMany consumers are worried about the security of their payment data, especially in light of recent security breaches in large retailers and credit bureaus. With their customers’ safety in mind,...
Continue readingIf you’re planning a vacation or a business trip, you might be banking on the fact that your credit card offers you certain protections when travelling. This might cause you to turn down the...
Continue readingMobile payments just keep branching out and becoming more popular, with more and more merchants adding options to use smartphones and contactless payments. Chase Pay is the latest mobile wallet app...
Continue readingMerchants may be reluctant to make their customers jump through hoops in order to pay them for their purchases, but when it comes to payment security, a new report indicates that consumers don’t...
Continue readingIf anyone calls you and tells you that you owe back taxes and can pay them with an iTunes gift card, beware: this is just the latest scam cooked up by thieves to part you with your money. The AARP...
Continue readingMobile checkouts are becoming more popular, and PayPal is coming out on top when it comes to mobile wallet checkout options. PayPal showed a conversion rate of 87% on a recent study of online...
Continue readingA plethora of new mobile finance apps are making it easier for folks to manage their money with the swipe of a screen. Banking apps from Chase, Citi, Well Fargo, and Bank of America have all been...
Continue readingIf one of your New Year’s resolutions was to step up your security and prevent yourself from becoming a victim of identity theft or other fraud schemes, the AARP Fraud Watch Network has a few tips...
Continue readingImproving your credit score can take a long time and be a frustrating process. But a new study from credit bureau Experian suggests that one way to help people boost their credit would be to reflect...
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