No one is immune to credit card fraud--not even the Chief Justice of the Supreme Court. John Roberts was seen paying for coffee in cash at a local Starbucks because he had to cancel his credit cards. A member of … Continue reading
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
Ever notice $10 to $50 missing from your available credit balance without a clue as to why? If so, you may be a victim of "cramming," a new type of credit card fraud. Cramming involves the use of unauthorized small … Continue reading
Educational initiatives on the U.S. transition to secure chip-based credit card payment systems was one of the top priorities for 2013 to come out of the 6th annual Smart Card Alliance Payments Summit, held recently in Salt Lake City, Utah. … Continue reading
The U.S. Justice Department announced charges against 18 people who bilked financial institutions out of at least $200 million in an international credit card fraud scheme. This would be one of the biggest credit card scams ever broken up by … Continue reading
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
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
Texting is a quick and popular form of communication. It is also becoming a popular way for scammers to trick you into giving out your credit card number, bank account number or other financial information. A popular texting scam sends … Continue reading