Why retailers lacking EMV chip readers years after deadline

Why retailers lacking EMV chip readers years after deadline. As many as one-third of small retailers are not using chip-reading credit and debit card machines, more than two-and-a-half years after they were told to swap out traditional credit card machines. The major credit card companies previously announced that any retailer, large or small, without EMV chip payment terminals after…

Americans are using their credit cards more than ever — and some experts think that’s a good thing

Americans are using their credit cards more than ever — and some experts think that’s a good thing. The number of credit card accounts increased by 2.6% compared to this time last year, according to TransUnion’s Q1 2018 Industry Insights Report. Currently, there are 416.5 million credit cards and 174.9 million consumers with access to a…

Scammers discovering ways to combat credit card chip technology

Scammers discovering ways to combat credit card chip technology. Last week’s data breach involving Zippy’s restaurants highlights the risks of using your credit card, despite all the security improvements made to help protect you from fraud. The Hawaii Better Business Bureau says scammers have discovered ways of combating credit card chip technology. In at least one…