Most SNAP benefit cards still have magnetic stripes, which are less secure than newer chip cards.
Thales, a French firm, is launching a credit card that interacts with a user’s smartphone to provide audio cues and transaction confirmations.
“I said, what can I do to stop this? And the customer service rep. goes, ‘Well, if we could stop all instances of fraud, we would but we can’t,'” says Jessica Roy, assistant editor of Utility Journalism at The Los Angeles Times.
There's an economic incentive to get everyone on the more-secure system.
Cyberthieves are still after your credit card information, and the pressure is on retailers to get ahead in the cyberwar games. But are they?
What these services do and do not do for you as a consumer.
After credit card hacks, it's tough to get customers' new credit card numbers.
David Lazarus tells us a story of one woman's unidentifiable credit card charges.
Europeans have been using fraud resistant cards for years
American banks and retailers are still using the same old magnetic strip cards, instead of more secure chip and pin cards commonly used abroad.