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.

Large Amount of Banking Will Be Done on Wearables by 2020

Mobile banking has grown tremendously in the past few years, and is projected to reach one billion users by the end of this year, according to new data from Juniper Research. By the end of 2020, that number could reach … Continue reading

LowCards.com Weekly Credit Card Update–November 25, 2015

18 Most Popular Things Fraudsters Buy with Your Credit Card When you're scanning your credit card statement this holiday season, there are certain types of purchases you might want to keep an eye out for. In a sampling of nearly … Continue reading

Best Credit Cards for Holiday Shopping

The holiday season brings out the shopaholic in all of us as we buy the gifts for loved ones and friends. To make the most of the money you spend, make sure you maximize your credit card rewards program. Here … Continue reading

Optimistic Shoppers to Spend More This Holiday Season

Almost half of all consumers are more confident about their financial situation during this holiday season than they were last year, and 48% plan to start shopping earlier, according to a Synchrony Financial study. This more optimistic outlook, fueled by improved … Continue reading

Breach at Pearson VUE Affects Cisco and Microsoft Certification Holders

On November 21, Pearson VUE announced that its Credential Manager System was breached and unauthorized users may have accessed customers' names, mailing addresses, email addresses and phone numbers. At this time, the company does not believe that social security numbers or full … Continue reading

70% of Shoppers Are Vulnerable to Holiday Scams

Two out of three consumers are at risk of getting scammed this holiday season, according to a new survey from AARP. The survey included seven questions about common holiday shopping scams, and 70% of the participants were unable to answer the … Continue reading

LowCards.com Weekly Credit Card Update–November 20, 2015

First U.S. Debit Card Ready for Use in Cuba Americans visiting Cuba can finally put away their cash and pull out their debit card. MasterCard and Fort Lauderdale-based Stonegate Bank announced Thursday that their cards are now active for use … Continue reading

Baby Boomers and Generation X Pessimistic About Retirement

Baby Boomers and Generation Xers feel that less reliable pensions and longer life expectancies make it more likely they will outlive their retirement savings, according to the Allianz Generations Apart Study. 84% of Boomers (adults 49-67) and 92% of Gen Xers … Continue reading

PayPal Acquires Xoom and its 1.5 Million Active Customers

PayPal has officially acquired the digital payment service Xoom for $890 million. The company first announced the acquisition in July, but the process was just completed. Xoom deals primarily with international money transfers, focusing in markets like Mexico, India, China, … Continue reading

Apple Pay May Launch in Canada Tomorrow

Apple Pay may be coming to Canada sooner than you think. According to the latest report from iPhone in Canada, customer service representatives at American Express confirmed that the launch will happen tomorrow--Tuesday, November 17th. While neither Apple nor American … Continue reading

LowCards.com Weekly Credit Card Update–November 13, 2015

Apple's Tim Cook Says Cash Will be Dead for the Next Generation of Kids Apple CEO Tim Cook is making another bold prediction about money. Back in January, he forecasted that 2015 would be the year of Apple Pay (a … Continue reading

Apple May Develop Service For Person-to-Person Payments

Apple is reportedly developing a person-to-person (P2P) payment service, according to The New York Times. P2P services allow consumers to send money to others as easily as sending a text message. Currently, there are a number of other providers in the … Continue reading

Generation Z Ready to Shake Up the Banking Industry

Just as the banking industry gets a handle on Millennials, a whole new generation of consumers is on their way: Generation Z. According to the 2015 TD Bank Checking Experience Index, this up-and-coming generation wants to see more debit cards … Continue reading

Volkswagen to Issue Prepaid Cards to Diesel Owners

In an effort to make amends for its so called "diesel scandal," Volkswagen is sending out $1,000 worth of prepaid cards to diesel vehicle owners. There are two prepaid cards that will be available to owners of the 2.0-liter, four-cylinder turbodiesel … Continue reading

Apple’s Website No Longer Supports PayPal Credit Payments

As of last Thursday, Apple no longer supports PayPal Credit payments on its website. Customers who want to set up installment agreements may do so through Barclaycard Visa instead, but PayPal has been removed from the site completely. Under the … Continue reading

LowCards.com Weekly Credit Card Update–November 6, 2015

How Your Voice Can Protect You from Credit Card Fraud That call to your bank is being recorded for more than just "quality assurance purposes." Some banks are using voice biometrics and other technology to help determine who is calling … Continue reading

PayPal and eBay’s Outage Proves Costly

Last Thursday, PayPal experienced an outage that has proven quite costly for eBay sellers and other online platforms using PayPal to process payments. The outage began at 8:50 pm central time and was not resolved until 12:35 am, according to … Continue reading

RushCard to Compensate PrePaid Debit Card Users for Outage

On October 29, RushCard announced it is creating a "multi-million dollar" fund to cover the costs that its prepaid debit card customers incurred after their cards stopped working in mid-October. When RushCard moved to a new payment processor on October 12, technical problems … Continue reading

LowCards.com Weekly Credit Card Update–October 30, 2015

Walmart Exec Predicts New Credit Card Chip Technology Will Cause Black Friday 'Anarchy' A Walmart executive is predicting "anarchy" this holiday shopping season due to new rules in place requiring retailers to accept chip-embedded credit cards from consumers. The exec … Continue reading

Anarchy Predicted by Walmart Exec Due to Chip Credit Cards

At the Money 20/20 payments conference, Walmart payments executive John Drechny warned that the new rules requiring retailers to accept chip-embedded credit cards will cause confusion and longer lines on Black Friday and throughout the holidays. Drechny questions the timing of the new … Continue reading

‘Decision Manager Replay’ Offers Real-Time Fraud Analytics

CyberSource has launched Decision Manager Replay, a fraud analytics tool which gives merchants the ability to analyze and adjust online fraud management strategies. Decision Manager Replay allows merchants to perform a "what if" fraud strategy analysis. With the program, a merchant … Continue reading

MasterCard Launches Selfie Pay for Online Purchases

MasterCard has been working on its facial recognition identity verification program for months, and it is finally coming to market. The MasterCard Identity Check platform, formerly known as "Selfie Pay", allows users to authorize online purchases with a simple snap … Continue reading

Visa and FireEye Partner to Help Merchants Prevent Fraud

Visa and FireEye have partnered to create a fraud prevention service, Visa Threat Intelligence (VTI), which aims to transform security breach information into actionable advice for issuers and merchants. FireEye and Visa will create articles based on their investigation and analysis … Continue reading

Over 70 Million U.S. Adults Now Use Mobile Payments

According to a new survey from Mercator Advisory Group, 71.5 million adults in America used mobile payments in 2015, up from 61 million last year. A staggering 42% of smartphone owners have used their phones to pay for items in … Continue reading

LowCards.com Weekly Credit Card Update–October 23, 2015

Will Retail Shops be the New Bank Branches? There are a variety of visions for what the bank of the future should be—a coffee shop, a digital destination accessible mainly from a smartphone—but for the good folks over at Number26, … Continue reading

RushCard Glitch Leaves Thousands without Access to Their Money

A popular line of prepaid debit cards from Russell Simmons recently experienced a technical glitch that left thousands without access to the funds in their accounts. The breakdown of the RushCard line, mostly used by unbanked Americans, has caused many … Continue reading

LG May Launch Its Own Mobile Wallet

Rumors are surfacing that Android smartphone provider LG may soon launch a mobile wallet all its own. The rumors come after LG applied for a trademark for "LG G Pay" and "G Pay" last week. LG Electronics has not released … Continue reading

Users Want More Security Before They Switch to Mobile Payments

Awareness and knowledge about mobile payments are increasing rapidly but usage is relatively stagnant, according to Accenture's 2015 North America Consumer Digital Payments Survey. Accenture surveyed 4,000 smartphone users in the United States and Canada, and found knowledge about mobile payments … Continue reading

Target Enhances Security with Chip and PIN Store Cards

Target has become the first major card issuer to convert its store cards to require a PIN for identity verification. Rather than allowing cardholders to sign for their transactions, Target is bumping up its security measures by enforcing a PIN … Continue reading

MasterCard’s Corporate Cards Now Good in All Mobile Wallets

On Wednesday, MasterCard announced its commercial credit card issuers will be provided with tokenization services. Thanks to this improvement, business travelers will soon be able to load corporate credit cards onto their participating mobile and digital wallets. MasterCard has now enabled tokenization … Continue reading

LowCards.com Weekly Credit Card Update–October 16, 2015

Target Converts to Credit Cards with PINs, Not Just Signatures, for Security Reasons Two years after its catastrophic data breach, Target has become the first major credit card issuer to convert to cards that contain a PIN. The department store--which … Continue reading

Mobile Banking to Exceed One Billion Users By End of 2015

Mobile banking is sweeping across the world. Over one billion people, or one in five adults, will have used mobile banking by the end of 2015. The new study from Juniper Research also forecasts two billion mobile banking users by … Continue reading

Ally Bank Launches New Apple Watch App

Ally Bank is staking its claim on the digital world with a new app for Apple Watch. The app offers an ATM and cash back locator for everyone, not just Ally customers. After downloading the Apple Watch app, users can … Continue reading

Holiday Sales Predicted to Reach $630.5 Billion This Year

According to the latest predictions from the National Retail Federation, holiday sales in November and December are expected to reach $630.5 billion this year, up 3.7% from 2014. This increase is higher than the 10-year average of 2.5% per year. … Continue reading

Apple Pay to Expand to Starbucks, KFC and Chili’s

In the minds of some analysts, Apple Pay has been somewhat slow in catching on with retailers and consumers. On Thursday, Apple Pay made some significant inroads, announcing it will be an accepted mode of payment in 2016 at Starbucks, Kentucky … Continue reading

LowCards.com Weekly Credit Card Update–October 9, 2015

Expect More Online Fraud as New Credit Cards Arrive The new chip credit cards that shoppers are getting in their mailboxes may prevent criminals from stealing from stores, but many thieves are expected to move their operations online. Small businesses … Continue reading

Companies Not Doing Enough to Protect Consumer Information

Companies are not adequately protecting consumer information, according to a recent survey of privacy and risk professionals. Conducted by ISACA, a global nonprofit information systems organization, the survey found that half of the 546 respondents said consumers should not feel confident … Continue reading

Growing Acceptance of Mobile Banking Apps in America

According to a new survey from TSYS, consumers across America have adapted well to mobile banking apps. Half of the 1,000 consumers surveyed said they have installed mobile applications from their banks, and 70% of those people said they use … Continue reading

Beware of the New Credit Card E-Mail Scam

Criminals are finding a way to scam consumers with the recent conversion to the more secure chip-embedded credit cards. Since only about 40% of Americans have received their new EMV cards, many are wondering when their current card will be … Continue reading

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

Ready or Not, it's Credit Card Chip and Dip Time Thursday marks a milestone in the effort to shift the U.S. to the use of microchip-embedded credit cards, a more secure alternative to traditional cards that require the swipe of … Continue reading

Shopify’s New Card Reader Accepts Apple and Android Pay

Last Friday, Shopify, a cloud-based payment platform for small and medium-sized businesses, announced it was introducing a new credit card reader that will accept “contactless” payments. These payment types include Apple Pay, Android Pay, and tap-to-pay credit and debit cards. The … Continue reading

Smartphone Technology May Speed Up Bank Transactions

Bank of America and Wells Fargo are just two banks that have started researching a technology intended to shorten your wait at the teller line or ATM machine. An individual would use this “pre-staging” process to begin a banking transaction on your mobile … Continue reading

LowCards.com Weekly Credit Card Update–September 25, 2015

What's the Chip in Your New Credit Card Do? The microchip on your credit or debit card helps make it more difficult for fraudsters in two important ways. It makes it harder to physically counterfeit the card and it creates … Continue reading

Best Buy Accepting Apple Pay and Android Pay

Best Buy now has the ability to accept Apple Pay and Android Pay in some of its stores. On September 16, GuruAidTechSupport posted a video on YouTube showing that at least some California Best Buy locations are now accepting Apple Pay … Continue reading

Credit Card Payments Now Accepted for Citizenship Fees

Immigrants wishing to become American citizens now have a new way to pay for their naturalization process. The Obama administration announced several steps aimed at encouraging more people to become U.S. citizens, including the acceptance of credit card payments. On Saturday, … Continue reading

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

Bank of America Reveals Details of Biometric Smartphone App Bank of America has launched a mobile banking app which uses fingerprint and Touch ID sign-in. The bank says its new fingerprint and Touch ID sign-in capabilities provide eligible Android, iPhone … Continue reading

Recent Stories & News

Large Amount of Banking Will Be Done on Wearables by 2020

Large Amount of Banking Will Be Done on Wearables by 2020

Mobile banking has grown tremendously in the past few years, and is projected to reach one billion u[...]
Reports Show Black Friday Shopping Moved to the Internet

Reports Show Black Friday Shopping Moved to the Internet

Consumers were more inclined to shop online for Black Friday deals this year than they were to head [...]
5 Tips For Sticking With Your Holiday Budget

5 Tips For Sticking With Your Holiday Budget

A great way to ring in 2016 is to have stayed on budget with your holiday spending this Christmas. A[...]
VTech Data Breach Affects Nearly 5 Million Customers

VTech Data Breach Affects Nearly 5 Million Customers

Last Friday, VTech announced that an unauthorized party accessed the customer data held on its Learn[...]
Chase Slate vs. Citi Diamond Preferred

Chase Slate vs. Citi Diamond Preferred

When you are struggling to pay off your credit card's balance, you need all the help you can get. On[...]
Fantasy Sports Lawsuit Takes Aim at Credit Card Companies

Fantasy Sports Lawsuit Takes Aim at Credit Card Companies

A new class action lawsuit filed in New York could alter the way credit card companies interact with[...]
LowCards.com Weekly Credit Card Update–November 25, 2015

LowCards.com Weekly Credit Card Update–November 25, 2015

18 Most Popular Things Fraudsters Buy with Your Credit Card When you're scanning your credit card s[...]