18th

April, 2014

Credit Cards in the News: April 12-18, 2014

Credit card news pops up every week and it’s not always easy to keep track of each story, especially all the stories about fraud. That’s why we provide you with a summary of the top stories on the blog at CompareCards.com so you can read what matters the most and not worry about all the other stuff. Here are the highlights for April 12-18, 2014. 3 Million Customers Affected by Michaels Data Breach The first real details of the Michaels data breach were recently released via their website. The arts and crafts retailer, along with subsidiary Aaron Brothers, reported two…

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17th

April, 2014

More States Join Investigation into Experian Data Breach

This week media outlets including Reuters and the Chicago Tribune reported that Iowa and North Carolina have joined Illinois and Connecticut in raising concerns about a data breach involving a subsidiary of Experian. The incident reportedly exposed confidential financial information including the social security numbers of some 200 million Americans. NBC News quoted a representative of the Illinois Attorney General who referred to it as a multistate investigation. The states involved are trying to determine whether or not businesses took appropriate steps and used sufficient measures to protect the sensitive information. They also want to know if victims whose data…

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16th

April, 2014

Scary “Heartbleed” Computer bug may put Millions of Consumers at Risk

Consumers have a new security vulnerability that is extremely worrisome, fast on the heels of several frightening data breaches including the one at Target stores that involved the theft of millions of credit card numbers. Computer experts in Finland, along with technicians at Google, announced that they have discovered a major security gap dubbed “Heartbleed.” What really distinguishes this threat from those seen in the past is that it cannot be fixed with anti-virus and malware-prevention software. That’s because the crack in the security system is not actually a virus, contrary to many erroneous news reports from misinformed journalists. Instead,…

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15th

April, 2014

Citi to Celebrate Admirals Club Lounge Relationship

Just recently we wrote about new benefits Citi Executive cardmembers now get to enjoy thanks to an exclusive partnership between Citi and American Airlines and US Airways. In a nutshell, Citi Executive cardmembers get free access to 35 Admiral’s Club locations and to all 18 domestic US Airways Clubs, and they also have access to the oneworld® frequent flier program. Read the article for more information on their partnership. April Bonus = Free Access Citi must be really excited about this partnership because they just announced that all cardmembers–yes, even non-Citi cardmembers- can enjoy a one-day pass during the month…

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14th

April, 2014

The Financial Advice of Benjamin Franklin Remains Highly Relevant Today

Benjamin Franklin is often referred to as “The First American” because he was a founding father of the USA and had a remarkably profound influence on shaping the nation. People often joke that Franklin is the only president of the United States who never actually held the office of president. Despite that fact, he definitely earned the right to his portrait on our $100 bills, if for no other reason than he was an exceptionally wise fellow when it came to managing his money. In today’s world he would merit an honorary doctoral degree in financial literacy, with maxims like…

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