A signature-based security approach is only effective if a cashier actually double checks what's scrawled across the back of a credit card. And even then, there's still plenty of opportunity for fraud since minimum wage clerks usually aren't capable of spotting a forged signature—but one day your credit card might be. Read More >>
MasterCard is no stranger to high-tech purchasing. Its existing US service PayPass Wallet already lets you tap your credit card on NFC terminals to buy. But the new MasterPass service takes it all to another level, letting you do things like scan barcodes and buy items with your phone, right on the spot. Read More >>
You can have your black card and your credit card carved out of adamantium (just kidding, I would really like that), the only credit card I want is MasterCard's Display Card. MasterCard has been testing the card that comes with a LCD and touchscreen keypad, for some time and has now introduced it in Singapore. They say the added tech is for security: users can generate a one-time password as an authentication security measure. Read More >>
24 people from 13 countries around the world have been arrested, following an investigation into the buying and selling of stolen credit card details. The UK contributed six criminals to the haul. Read More >>
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Following on from YouPorn’s embarrassment back in February, a fresh hack on another internet sex site, Digital Playground, has seen over 40,000 credit card details stolen along with the logins, emails and passwords of some 73,000 porn-lovers, leaving them all with their pants down and wallets empty. Read More >>
Despite the rise in NFC payment technologies, the humble magnetic and chip-and-pin credit card is still king, and that doesn’t look to be changing soon. But the credit card is evolving and it’s gaining a screen and battery. Read More >>
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