An EMV card with a smart chip loaded with encryption technology is difficult for anyone to clone at any price, let alone your run-of-the-mill petty criminal.
While employers can save money by using payroll cards, their employees can easily lose due to excessive fees. Some lawmakers in New York are standing up to protect those workers.
Bank of America is refunding about $738 million to customers in addition to $45 million in penalties.
Target’s breach worsens, affecting an additional 70 million customers.
Should the public know the details of financial contracts between banks and universities?
A Federal Reserve report takes a look at use of prepaid cards to disperse government benefits.
Consumers enjoying summer vacations must still take steps to protect themselves against identity theft.
Some banks are now giving checking account holders the ability to shut down a debit card on their account through their smartphone app.
The Federal Reserve won’t adjust the Durbin Amendment caps on debit card swipe fees.
Are more consumers using debt responsibly, or have the low performers been weeded out?