Cybercrime / Privacy

Safer credit cards (safe from kids’ overspending, anyway) might be just an app away

Credit cards are getting smarter — finally. Last year, Discover launched its nifty “Freeze It” feature, which acts like a temporary on/off switch for account holders who think-they-have-but-maybe-haven’t lost their card. Now, Visa is announcing a whole set of similar app-activated “switches” that give consumers even more granular fraud-fighting and [Keep reading]

Cybercrime / Privacy

Merchants say their fraud bill is up 20-fold since chip credit card switch; lawsuit alleges bank industry conspiracy

Why can't you use those chip cards? Well, it's a billion-dollar question. Read more:… Posted by Bob M Sullivan on Tuesday, April 5, 2016 Get ready for the next billion-dollar fight in the credit card industry. Two small merchants in Florida say the industry’s shift to chip-enabled credit cards has caused them a [Keep reading]