It can often seem like there are a bewildering number of things to do in order to stay financially fit. Don’t borrow too much money. Create a budget and stick to it. Save for retirement. Squirrel away money for your children’s education. Now add this to the list of to do’s required in order to… Continue reading Survey: Americans Need To Get More Financially Fit
Tag: debit prepaid card
Insights Aplenty in Federal Reserve Payments Study
When most people think of the Federal Reserve – if they consider it at all – it’s when the Fed raises or lowers interest rates. But monetary policy is only one of the tasks the Fed engages in. It also conducts in-depth research in an effort to uncover trends and insights that can benefit consumers,… Continue reading Insights Aplenty in Federal Reserve Payments Study
U.S. Credit Card Security Outdated
Because around 80 countries have already embraced smart card technology, the more vulnerable U.S. has become the favorite target of identity thieves. Given that smart cards provide such superior security, the question is why the U.S. hasn’t embraced their use. According to O’Brien’s story, there has been no political pressure to force businesses and financial institutions to make the switch. Importantly, an upgrade to smart cards would be expensive.
Cybercriminals Hit Target
Target says that it discovered the problem on Dec. 15 and was able to take steps to resolve future problems. Target also said that the information stolen included customer names, credit or debit card numbers, card expiration dates and three-digit security codes.
Google Launches Prepaid Card
Google Inc. decided that the run-up to the holiday shopping season was the right time to announce its entrance into the prepaid debit card industry. On November 20 the search engine company declared – via blog post, of course, and with typical irreverence – the availability of its Google Wallet Card. “Your roommate finally paid… Continue reading Google Launches Prepaid Card
Prepaid Card Fraud Controllable
A recent report by Mercator Advisory Group examines the vulnerability of prepaid debit cards to criminals, by Chris Warren Prepaid debit cards make it into the news a lot these days. A lot of the time stories are focused on the maneuvering of large financial services companies like Chase and American Express and the various… Continue reading Prepaid Card Fraud Controllable