News

Have you received your new or reissued credit card with a chip that stores your credit-card data? The cards have a square, gold or silver metallic-like image. If we believe recent news reports ...
The U.S. Secret Service is warning financial institutions about a new scam involving the temporary theft of chip-based debit cards issued to large corporations. In this scheme, the fraudsters ...
Many Americans have received a new credit or debit card in the mail in with a computer chip on the front. If you’re not sure what the chip is all about, you’re not alone: One survey showed ...
“Each credit card has an embedded chip that makes the card more difficult to duplicate,” Sam’s Club said in a Wednesday statement. The chip-enabled cards, which are more secure than ones ...
The switch from magnetic stripe credit and debit cards to chip-enabled ones was always going to be more marathon than sprint: Millions of new cards must be manufactured and distributed ...
Four years ago, about a dozen credit cards equipped with chip-and-PIN technology were stolen in France. In May 2011, a banking group noticed that those stolen cards were being used in Belgium ...
Whereas a magnetic stripe is static when it comes to holding info, an EMV chip participates in every new transaction. When you pay for something, a cryptogram is produced and sent to the card ...