credit card

Survey finds 45% of Americans have had credit cards stolen

Survey finds 45% of Americans have had credit cards stolen

Additional information right on the heels of the news about Staples' hacking reveals that 45% of Americans have experienced their credit card information being stolen. Not their physical card being lost or stolen, but card details being compromised as a result of the growing number of data breaches at various retailers this year. Office supply store Staples has just admitted to hackers making off with data from over 1 million cards, adding them to a list of companies to fall victim to cybercrime, including Target and Home Depot.

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Staples says 1 million cards fell victim to latest hack

Staples says 1 million cards fell victim to latest hack

Office goods retailer Staples recently saw themselves fall prey to hackers, much as Target, The Home Depot, and a laundry list of retailers ahead of them have. The company has now addressed the hack, saying that over one million unique cards were compromised. The hack also affected more than 100 point-of-sale systems at 1,400 stores. Staples didn’t say if the breach was nationwide, or if a specific geography was affected. The window for this hack was short, though, only lasting about a month.

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MasterCard goes hi-tech with Dynamics’ interactive cards

MasterCard goes hi-tech with Dynamics’ interactive cards

Although some merchants have started to incorporate the digital world into their cash flow via NFC technology, most of our cash-less transactions still use ye old magnetic stripe plastic cards. But while it might not be easily possible for merchants to upgrade on their end, that doesn't mean our cards can't be pushed forward. That is what MasterCard is trying to accomplish together with payment card developer Dynamics in this interactive payment card that has a display and buttons and can be programmed for multiple uses.

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Etsy Credit Card Reader released for your smartphone this Autumn

Etsy Credit Card Reader released for your smartphone this Autumn

The team behind Etsy's success know good and well there's quite a bit of money transferring hands between citizens of the Etsy community. Because of this - and because they want to continue to grow with great success - they've decided to get into the credit card business. Not creating credit cards, mind you, but reading them. In comes the "Sell on Etsy Reader" and Etsy Seller app, users will be able to sell their wares on the web and in real life with ease.

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Here’s what Apple Pay will look like

Here’s what Apple Pay will look like

With an iOS 8 update (yeah, another one) coming sometime soon, Apple Pay is set to make its debut. Believed to hit right around October 18 — like, the time OS X Yosemite rolls in — Apple Pay will let iPhone 6 and 6 Plus users pay for good with a tap of their phone. Training materials seem to have been leaked, and show us a bit more about how Apple Pay works, and what we can expect to see on our phones.

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iOS 8 will scan credit card info; no more punching numbers in

iOS 8 will scan credit card info; no more punching numbers in

You know that feeling — you get through several screens on a website that has something you want to buy, only to land on a page that wants all your gritty credit card details. You have to get your card out, painstakingly identify the rubbed out numbers on the card, and carefully enter them. One slip and you’re back to square one. In iOS 8, that scenario is going to be a lot easier with credit card scanning.

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MasterCard, Visa push for chip-based cards for added security

MasterCard, Visa push for chip-based cards for added security

While Target recovers from their shocking $40 million credit and debit card record theft from last year, Visa and MasterCard have joined forces to push for a new chip-enabled card that will improve security for all transactions. These two credit card brands have set a potential October 2015 deadline for all US retailers to adopt and setup the infrastructure for the new card system.

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Coin features expand as funding goal met in 40 minutes

Coin features expand as funding goal met in 40 minutes

There's a few more pointed features appearing in the digital credit card known as Coin this week, these being shown in conjunction with a note that their initial crowd-funding goal had been met in just 40 minutes, right out the gate. Coin suggests that their funding campaign began at a cool $50,000 and was met in just under 40 minutes, making this campaign one well on its way to crowd-funding history - we'll see at the end of the funding timeframe, of course.

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