CHICAGO, Illinois -- The chips in credit and debit cards protect consumers from hackers, but the same technology could make you a victim of fraud, the I-Team at our sister station WLS-TV found. The ...
FRESNO, Calif. -- New credit and debit card chip technology offers an added layer of security for consumers. But criminals have been working new angles off consumer confusion to try to break through ...
With the shift towards digital payments, the credit card landscape has evolved, too. Along with the rapid changes in the credit card space, there is a need for enhanced security measures. The EMV chip ...
A chip and PIN card is a credit card that includes microchip technology and a personal identification number (PIN) to securely verify a cardholder during a transaction. The embedded microchip is ...
On Oct. 1, 2015, the liability of fraudulent credit card transactions shifted from financial institutions to retailers who didn’t have systems capable of reading the new chip-enabled credit and debit ...
A credit card dump occurs when a criminal steals a credit card number. This type of crime has existed for decades, but it has ...
GRAND HAVEN, Mich. (WZZM) -- Over the last few weeks, millions of Americans received new credit cards in the mail -- and they look a little different than the old ones. Are local small businesses ...
Consumers often are frustrated at the checkout register when they discover a store’s credit-card terminal doesn’t accept their chip-enabled cards. And, they aren’t alone. Retailers are frustrated as ...
As the calendar flips to November and visions of Black Friday dance in their heads, holiday shoppers using new, more secure chip credit and debit cards will be learning a new checkout procedure. While ...