MasterCard migrating to chip-based cards to combat fraud
August 17, 2012
Starting in February 2013, MasterCard will start migrating Puerto Rico consumers to using credit cards with chips instead of magnetic strips to reduce fraud and identify theft.
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Credit, debit card fraud can be a matter of life and death
September 13, 2011
Last weekend, a woman was at home in Orlando, when she got a call from her bank warning her of a potentially fraudulent transaction involving her debit card. Someone had lifted the card number to go on a $150 shopping spree at a mega-retailer in Canóvanas, miles from where she was in Florida.
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