Only 22% of Small Businesses Are Ready for EMV Deadline

Yet another study has emerged showing that small businesses are unprepared for the October 2015 deadline of transitioning to EMV card readers. Only 22% of small retailers are ready for the deadline, and 23% feel chip and PIN card readers … Continue reading

Bitcoin Debit Card to Launch This Month

The much anticipated Bitcoin debit card from Xapo is set to launch sometime this month. The card will be accepted anywhere major debit or credit cards are accepted, though Xapo has not released the name of the card network it … Continue reading

$200 Billion Spent on Prepaid Cards in 2014

Prepaid cards saw a big spike after the economy took a downturn a few years ago, and now we are starting to see the effects of that spike. By the end of 2014, the total money spent on prepaid cards … Continue reading

Beware of “Grey” Charges on Your Credit Card Statement

Look closely at your monthly credit card statement. There may be a few surprises--small, "grey charges" that can add up quickly. These are fees that companies put on your credit card bill without clearly notifying you about what they are. … Continue reading

Protecting Against Credit Card Fraud

Credit card fraud has unfortunately become an every day occurrence, not just in this country but around the world. A 2012 global study by ACI Worldwide and Aite Group shows that one in four respondents have been a victim of … Continue reading

1 in 4 cardholders globally have been victimized by fraud

One out of four consumers from 17 countries worldwide have been victims of credit, debit or prepaid card fraud, according to a survey conducted by the payments system company ACI Worldwide. The 2013 Global Card Fraud Survey is based on interviews … Continue reading Weekly Credit Card Update October 26

Credit Card Settlement Could Stymie PayPal's Retail Plans A provision within the hotly-contested settlement between merchants and credit card networks could potentially slow PayPal's bid to become more widely accepted at grocery stores, restaurants and other retailers. Retailers that choose to … Continue reading

Protecting Credit Cards and Bank Accounts from Hackers

Data breaches and credit card fraud are becoming common occurrences. Yesterday's revelation that hackers stole credit card information from 63 Barnes & Noble stores is just the latest reminder. Credit card fraud is not just isolated to the United States. … Continue reading