New York’s Data Breaches Exposed 22.8 Million Personal Records

According to a report from New York's Attorney General, 22.8 million private records of New Yorkers have been exposed due to data breaches over the last eight years. The data breaches were reported by over 3,000 businesses, nonprofit organizations and … Continue reading

How To Use A Chip And Pin Or EMV Credit Card

EMV cards are named for the credit card companies that developed the security system—EuroPay, MasterCard, and Visa. EMV cards are sometimes referred to as chip and pin cards. The great majority of credit cards issued in the United States operate … Continue reading

LowCards.com Weekly Credit Card Update–July 11, 2014

Report Says Debt Settlement Companies May Leave Customers Worse Off Using a settlement company to help you dig out from underneath burdensome debt may sound appealing, but it may leave you worse off than when you started, according to new … Continue reading

Retailers Launch Cyber Security Sharing Center to Boost Financial Security

The Retail Industry Leaders Association (RILA) has launched a new program to aid stores in preventing and detecting credit card data breaches. It's called the Retail Cyber Intelligence Sharing Center (R-CISC), and it could  be a very positive step for … Continue reading

Michaels Breach Exposed Nearly 3 Million Cards

Michaels, the nation's largest arts and crafts chain, said that nearly three million debit and credit cards may have been exposed in their data breach. The company said that the data security attack has been contained. The company reported that … Continue reading

Politicians Push for Stronger Credit Card Security

The number and magnitude of credit card hacks in America over the last few months has now prompted several lawmakers to push for stronger security systems. Some are asking for a mandatory transition to chip-and-PIN cards, while others say the … Continue reading

Retailers Form Partnerships to Protect Your Credit Card Data

Consumers are understandably shaken by the significant number of data breaches that have taken place in some of the country's top retail chains. Now, retailers are trying to take steps to repair their damaged image. Today, the Retail Industry Leaders Association … Continue reading

Credit Card Privacy Bill Advances in California

Californians who shop online may soon gain better protection for their credit card information. Bill SB 383 was passed by the California Senate last Thursday and is now being sent to the state Assembly. The measure would limit the data … Continue reading

Dangerous Places to Use Your Debit Card

Consumers are understandably reluctant to use their debit and credit cards due to the recent data breaches that have taken place at Target and Neiman Marcus. For some people though, using a debit card is a way of life, the … Continue reading

LowCards.com Weekly Credit Card Update–January 3, 2014

Six Credit Card Trends to Watch in 2014 During and immediately after the financial crisis, credit card issuers tightened up lending standards and lowered credit limits to protect themselves. "They had given credit to too many people and approved people … Continue reading

Top 10 Credit Card Stories of 2013

Identity theft and actions by the Consumer Financial Protection Bureau dominated the credit card headlines in 2013. Below are the Top 10 news stories of the year in the credit card industry. One of the largest data breaches in history … 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