Outsmarting the PIN code
A PIN code is usually required at the checkout when paying large sums by credit card. ETH researchers have now discovered a flaw in the security system of some credit cards.
Sep 1, 2020
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Computer Sciences
Page 9 - News tagged with credit card
Business
Alibaba shares leap after Ant Group IPO filing
Shares in Chinese e-commerce giant Alibaba jumped to a new record Wednesday morning, a day after the group's financial arm filed paperwork for a joint Shanghai and Hong Kong listing.
Aug 26, 2020
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Security
Simple 'nudges' can encourage people to use a safer payment method
Mobile payment apps (e.g. Apple Pay, Google Pay, Samsung Pay) are more secure than using credit cards at point-of-sale terminals, security experts say. Still, the adoption of mobile payments in the United States lags other ...
Aug 19, 2020
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Security
Researchers shine light on roiling market for stolen debit and credit cards
Much of the world has switched to embedded anti-counterfeit EMV (Europay, MasterCard, Visa) chips in credit cards, but adoption in the U.S. lags. Therefore, a significant percentage of the U.S. population is vulnerable to ...
Aug 4, 2020
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Business
Apple buys startup to turn iPhones into payment terminals
Apple Inc. has acquired Mobeewave Inc., a startup with technology that could transform iPhones into mobile payment terminals, according to people familiar with the matter.
Aug 3, 2020
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Security
No honor among cyber thieves
A backstabbing crime boss and thousands of people looking for free tutorials on hacking and identity theft were two of the more interesting findings of a study examining user activity on two online 'carding forums,' illegal ...
Jul 22, 2020
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US banks set aside billions as buffer against bad loans
Three major US banks have set aside an additional $23 billion as a backstop against bad loans, highlighting the brittle state of the US economy due to the coronavirus pandemic, the companies said Tuesday.
Jul 14, 2020
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Business
Attention Apple Card users: You can finance more new Apple devices interest-free
Apple is offering interest-free financing on new iPad, Mac and AirPod purchases for those enrolled in its branded credit card program. And you'll get 3% cashback up-front.
Jun 18, 2020
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Business
Apple reportedly has plans to enable zero-interest installment plans for iPad, Mac
Apple is reportedly set to allow Apple Card users to purchase some of the company's most popular products via zero-interest, monthly installment plans.
Jun 9, 2020
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Internet
Don't be phish food! Tips to avoid sharing your personal information online
Data is the new oil, and online platforms will siphon it off at any opportunity. Platforms increasingly demand our personal information in exchange for a service.
May 28, 2020
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Credit card
A credit card is part of a system of payments named after the small plastic card issued to users of the system. It is a card entitling its holder to buy goods and services based on the holder's promise to pay for these goods and services. The issuer of the card grants a line of credit to the consumer (or the user) from which the user can borrow money for payment to a merchant or as a cash advance to the user.
A credit card is different from a charge card, where a charge card requires the balance to be paid in full each month. In contrast, credit cards allow the consumers to 'revolve' their balance, at the cost of having interest charged. Most credit cards are issued by local banks or credit unions, and are the shape and size specified by the ISO/IEC 7810 standard as ID-1.
This text uses material from Wikipedia, licensed under CC BY-SA
