About Lynn Oldshue

Lynn Oldshue has written personal finance stories for LowCards.com for twelve years. She majored in public relations at Mississippi State University.

LowCards.com Weekly Credit Card Update–July 31, 2015

Could Mike Tyson Become The New Face For Bitcoin? Although bitcoin has taken some major steps toward mainstream adoption over the past year, the cryptocurrency's user base is still largely dominated by tech-savvy individuals who see digital currencies as an … Continue reading

LowCards.com Weekly Credit Card Update–July 24, 2015

Adultery Website Hack Could Expose 37 Million Cheaters Ashley Madison, the adultery website which uses the tagline "Life is short. Have an affair," confirmed that it suffered a "criminal intrusion" into its system which could expose private details of as … Continue reading

Uber Offers Free Ice Cream for Capital One Cardholders

Want free ice cream delivered right to you? If you're a Capital One cardholder, you can take advantage of that delicious offer. This Friday, July 24th between 11:00 a.m. and 5:00 p.m., Uber will be offering free ice cream to … Continue reading

Bank of America Shuts Branches in Move to Mobile Banking

Bank of America is closing down several branches to put more emphasis on mobile banking. It is also part of the bank's on-going cost-cutting moves. According to the bank's quarterly earnings call, mobile accounts for 13% of all deposit transactions. … Continue reading

PayPal and eBay Officially Split

It's official--eBay and PayPal finally parted ways today. PayPal has been counting down to this moment since last Friday, when the company posted a Tweet saying: On July 20 we will be a publicly traded company on @Nasdaq for the … Continue reading

LowCards.com Weekly Credit Card Update–July 17, 2015

Credit Cards are the Preferred Payment Method It's all in the cards--the days of cash and carry are long gone. When consumers pay for purchases today, whether in person or online, the overwhelming majority prefer to use a debit or … Continue reading

Hershey Park Confirms Dates of Credit Card Data Breach

Less than two weeks after Hershey Park announced a possible data breach, the company has confirmed the official dates of the breach. Magnetic strip data from credit cards and debit cards used at Hershey Park were copied between February 14 … Continue reading

PayPal Is UK’s Most Trusted Wallet

As Apple Pay makes its way to the UK this month, its biggest challenge may be overcoming PayPal. According to a new study from Forrester, PayPal is currently the UK's most trusted wallet. The research shows only 27% of UK … Continue reading

LowCards.com Weekly Credit Card Update–July 10, 2015

Meet AmEx's PayPal Competitor, Express Checkout As the war to own the digital wallet continues, American Express is joining the battle with Express Checkout, a new way to pay using your AmEx card online. AmEx Express Checkout is similar to … Continue reading

Women Suffering From More Financial Stress

Women in every age group report higher levels of financial stress compared to men, according to new research from Financial Finesse. Factors, such as income, age and children in the household, enhance the level of stress. Middle and low income mothers showed … Continue reading

LowCards.com Weekly Credit Card Update–July 2, 2015

The Postal Service Wants You to Bank at Your Post Office Elizabeth Warren would like to change the way you bank. The Massachusetts Senator and consumer advocate firebrand may not be running for president. But her backing of the U.S. … Continue reading

PayRange Brings Mobile Wallet Technology to Outdated Vending Machines

A new product from PayRange can turn any old vending machine into a "smart" vending machine, so vendors don't have to completely replace the old machines. Through a simple plug-and-play device, vending machine owners can create touchless payment systems for … Continue reading

LowCards.com Weekly Credit Card Update–June 26, 2015

Who's Addicted to Mobile Banking Are consumers addicted to mobile banking? Well, if pulling out a mobile phone to check a bank account balance during dinner--and even on a date--qualifies as addictive, then the answer is yes. A Chase-commissioned survey … Continue reading

Cash Recycling ATMs Could Revolutionize Bank Efficiency

Nautilus Hyosung America, the biggest provider of automated teller machines in America, announced yesterday that it will be partnering with Elan Financial Services to provide "cash recycling" solutions to bank ATMs. This process could revolutionize the way banks control the … Continue reading

One-Quarter of Americans Use Rewards Points for Summer Vacations

Approximately 198 million Americans are planning to take a summer vacation this year, an increase of 13% over 2014. Among those families, 26% plan to use rewards points to help cover their travel costs, according to the latest study from … Continue reading

LowCards.com Weekly Credit Card Update–June 19, 2015

Almost One in Six US Consumers are Using Mobile Wallets Almost one in six US consumers (15%) have used a mobile wallet in the past six months, up from 9% in the same period in 2013, and an additional 22% … Continue reading

Chevron and Texaco Launch Xponent Prepaid Gas Rewards Card

Chevron and Texaco have partnered to provide a new prepaid rewards card for fuel purchases. Known as the Xponent Rewards Card, this new opportunity gives consumers a chance to earn a discount on fuel just by spending money on everyday gas … Continue reading

How to Maximize Credit Card Benefits

Do you want to get the most out of your credit card rewards program? If so, you need to know how to use your credit card in the most efficient way. There are simple adjustments you can make to your … Continue reading

LowCards.com Weekly Credit Card Update–June 12, 2015

Hackers Go After Little Fish, Too, While Trawling for Credit Cards Hackers are going local in their efforts to steal credit card information from United States customers, hitting small businesses with as much frequency as retail giants. Take Eataly, the … Continue reading

Rezzcard and JetPay Create Prepaid Card for Affordable Housing Tenants

Rezzcard and JetPay are teaming up to create a prepaid card specifically geared toward tenants of public, Section 8, workforce, and tax credit subsidized housing. Known simply as MAC®, this Visa-branded debit card will allow users to pay their rent, utility … Continue reading

MasterCard is First International Payments Network in Somalia

MasterCard has become the first international payments network in Somalia, thanks to a partnership with Premier Bank. The bank will issue a co-branded payments card and provide ATM services in Somalia, with prepaid cards and point of sale terminals to … Continue reading

LowCards.com Weekly Credit Card Update–June 5, 2015

FBI Warns Retailers of New Credit Card Malware A recent cyber attack against a restaurant chain's credit card system prompted the FBI to issue a warning last week that criminal hackers are using new malicious software to steal personal financial … Continue reading

CashPass Launches Mobile Platform for Visa Prepaid Cards

CashPass Prepaid Visa users can now control their prepaid accounts on the go, thanks to the new app which will be introduced. The app will run on the Select Mobile Money platform, designed specifically for prepaid cards. CashPass calls itself the … Continue reading

BitStamp Launches Bitcoin Debit Card in Europe

The European Bitcoin platform BitStamp has launched a prepaid debit card that can be used anywhere major credit or debit cards are accepted. The Bitcoins loaded onto the card can be converted to Euros, British pounds or American dollars for … Continue reading

LowCards.com Weekly Credit Card Update–May 29, 2015

As Chip Cards Become Norm, Other Fraud Targets Rise Studies show a climb in the number of "digital shoppers" in the U.S. every year from 2010 with growth expected to continue. But as more buy online, security experts say "Card … Continue reading

Fuel Rewards Expand the Ways Consumers Save Money on Gas

Fuel Rewards is an innovative program designed to save people money on gas purchases they already may be making. The company has now expanded to a national merchant coalition, giving shoppers even more ways to earn rewards. The new program … Continue reading

LowCards.com Weekly Credit Card Update–May 22, 2015

Debit Card Data Thefts at All Kinds of ATMs Soar Criminals are stealing card data from U.S. automated teller machines at the highest rate in two decades, preying on ATMs while merchants crack down on fraud at the checkout counter. … Continue reading

Trader Joe’s Stores Will Accept Apple Pay and Google Wallet

Shoppers at popular grocery chain Trader Joe's will soon have the option to pay for their items through their mobile wallets. Several of the store's 400+ locations have been upgraded to accept touchless payments over the last few months, even … Continue reading

Samsung Paid $250 Million to Compete with Apple Pay, Google Wallet

Samsung Electronics acquired the mobile wallet LoopPay in February for an undisclosed amount of money in an effort to compete with Apple Pay and Google Wallet. New reports now provide insight into just how much money Samsung was willing to … Continue reading

Some State Legislatures Tackling Child Identity Theft

Child identity theft is a growing problem that is starting to get addressed by the big three credit bureaus and some state legislatures. According to a recent study, over 10% of children had someone else using their Social Security number. … Continue reading

Visa’s V.me Mobile Wallet Expanding in the UK

Eighteen months after its launch, Visa Europe's V.me digital wallet service is finally gaining the support it needs to expand the program throughout the UK. The program was first established in November, 2013, with the intention of improving online shopping … Continue reading

LowCards.com Weekly Credit Card Update–May 8, 2015

Does Credit Card Debt Lead to Depression? Credit cards can carry more than high interest rates--they actually might increase your chances of depression. It's common sense that high levels of debt can stress you out. Now researchers have found a … Continue reading

AmEx Launches Plenti Cross-Branded Rewards Program

American Express is changing the way customers earn rewards points, thanks to the new Plenti rewards program launched this week. Plenti is the first rewards card to offer interchangeable loyalty points across multiple brands, and it may be just what … Continue reading

Oregon Student Debit Card Bill Passes House

A new bill aiming to regulate student debit cards has made its way through the Oregon House and is now headed to the state Senate. HB 2832 is designed to set up federal guidelines for colleges and universities that sign … Continue reading

Digital Insight Brings Apple Touch ID to Mobile Banking

Mobile banking app provider Digital Insight has announced that it will be incorporating Apple Touch ID technology into its applications over the next few months. Users who have an iPhone 5s or newer versions will be able to take advantage … Continue reading

Do Consumers Feel Secure about Mobile Payments?

Americans are almost evenly split on how they feel about the security of mobile payments. According to a new survey from 451 Research, 24% of the respondents feel mobile payments are more secure than traditional payment methods, while 27% believe … Continue reading

LowCards.com Weekly Credit Card Update–May 1, 2015

Scott Walker Is Just Like You! In Debt Scott Walker has preached fiscal responsibility from the onset of his political career. But will his credit card debt undermine his message? Scott Walker owes Sears up to $50,000. According to his … Continue reading

Google Creates Fraud-Detection Algorithm for Payments

Google has been working on a new algorithm that flags suspicious payments in an effort to help cut fraud. The algorithm assesses a large payments database to find patterns of suspicious transactions. While it has not found any fraudulent payments … Continue reading

Credit Card Terminals Haven’t Changed Default Passwords Since the 90’s

As America struggles to convert to EMV technology, researchers have discovered a significant hiccup in the security of credit card terminals. A major vendor of payment processors has been using the same default password for their devices since the 1990's. … Continue reading

LowCards.com Weekly Credit Card Update–April 24, 2015

House Passes Cybersecurity Bill After Companies Fall Victim to Data Breaches Responding to a series of computer security breaches in government and the private sector, the House passed an expansive measure Wednesday that would push companies to share access to … Continue reading

Universal Credit Card “Coin” Now Being Shipped

The 350,000 buyers who pre-ordered the Coin all-in-one credit cards are finally getting their product. After a longstanding beta test and lengthy delay, Coin is now starting to be shipped. Coin was first introduced in November 2013 as the ultimate de-clutter solution … Continue reading

Capital One Teams with Uber to Bring Big Savings to Riders

If you are an Uber rider, you may want to get a Capital One Quicksilver card. From now through April 2016, Uber riders will receive 20% back as a statement credit when they pay for their ride with a Quicksilver … Continue reading

LowCards.com Weekly Credit Card Update–April 17, 2015

Discover Rolls Out Freeze Feature on Credit Cards Discover credit card customers who can't quite put their finger on their plastic now may use a new "Freeze It" feature that acts like an on-off switch to stop new purchases and … Continue reading

National Geographic and First Bankcard Partner on New Credit Card

The National Geographic Society has now entered the credit card industry. One of the world's largest nonprofit scientific and educational organizations has forged a partnership with First Bankcard on a new National Geographic Visa Card. The card will appeal to National … Continue reading

MasterCard’s “In Reach” Program Helps Millennials Reach Career and Financial Goals

In an effort to improve the financial literacy of upcoming generations, MasterCard has created the "in reach" program to teach Millennials how to better manage their money and their careers. The information provided in the program is derived from a … Continue reading

LowCards.com Weekly Credit Card Update–April 10, 2015

Walmart Exec: New Credit Card Design Won't Solve Fraud There's been some hope that improved credit card technology might finally lead to greater security and a reduction of credit card fraud. One idea has been credit cards with embedded chips, … Continue reading

College Students Face up to $710 a Year in Overdraft Fees

College students are particularly vulnerable to excessive overdraft fees from bank debit cards, according to the latest research from the Center for Responsible Lending. The study showed that nearly four out of ten college students (39%) between the ages of … Continue reading

Bitwage and Xapo Partner for International Payroll Debit Card

Bitcoin payroll service Bitwage has partnered with Xapo to create an international payroll debit card that works with the cybercurrency. The new card is designed to help companies pay overseas employees, similar to what they may do through PayPal or … Continue reading

Recent Stories & News

LowCards.com Weekly Credit Card Update–July 31, 2015

LowCards.com Weekly Credit Card Update–July 31, 2015

Could Mike Tyson Become The New Face For Bitcoin? Although bitcoin has taken some major steps towar[...]
42% of IT Decision Makers Aren't Moving on EMV Transition

42% of IT Decision Makers Aren't Moving on EMV Transition

Many businesses are not prepared for the upcoming October 1st deadline for processing chip-embedded [...]
Government Debates Protections for Data Breach Victims

Government Debates Protections for Data Breach Victims

After two data breaches that affected more than 22 million federal employees of the Office of Person[...]
Americans Overwhelmingly Support Payday Loan Regulations

Americans Overwhelmingly Support Payday Loan Regulations

New research from Pew Charitable Trusts shows that Americans overwhelmingly support the proposed pay[...]
Growth in European Card Fraud Fueled by Card-Not-Present Transactions

Growth in European Card Fraud Fueled by Card-Not-Present Transactions

According to the latest FICO report, card fraud in Europe only grew by 6% in 2014. A majority of thi[...]
PayPal Added to Subway's Mobile Payment Options

PayPal Added to Subway's Mobile Payment Options

Today, Subway announced an expansion of their mobile payment platform. Their 27,000 sandwich locatio[...]
Back-to-School Shoppers Still Very Cost-Conscious

Back-to-School Shoppers Still Very Cost-Conscious

According to the Synchrony Financial 2015 Back-To-School Shopping Study, parents and college student[...]