21st

November, 2014

Credit Cards in the News: November 15-21, 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 credit card fraud. That’s why we provide you with a summary of the top stories on CompareWallet so you can read what matters the most and not have to worry about all the other stuff. Here are the highlights for November 15-21, 2014. FICO Score 9 Available to TransUnion TransUnion announced this week that FICO Score 9 is available for lenders and other businesses, which is good news for borrowers. The program is designed to improve how…

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20th

November, 2014

EMV Credit Card Fraud Already Present

Three U.S. financial institutions recently reported that they were flooded with fraudulent credit and debit card transactions. What was particularly strange was that this happened despite the fact that the charges were attributed to the newer, more innovative, and much more secure, chip-enabled cards. Although the charges showed up as coming from credit cards with the newly embedded chip technology, the transactions were dated before these banks had even issued any chip-enabled plastic. Before you get too worried, I can reassure you that your chip-enabled cards are not flawed or vulnerable. In this case, the primary victims involved were the…

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19th

November, 2014

Citi Price Rewind Helps Shoppers Save Even More

With the holiday season right around the corner, Citi has updated their Citi Price Rewind program to help their customers save with ease. Citi Price Rewind helps cardholders shop and save smarter without having to clip coupons or track prices and while avoiding the holiday shopping crowds. Shoppers looking to save on electronics, apparel, sporting goods, furniture and more, can now receive even greater savings when they use Citi Price Rewind. Only Citi Price Rewind searches for a lower price after you buy – a benefit you won’t find anywhere but with Citi. When a lower price is found, cardmembers…

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18th

November, 2014

Protecting Credit Cards from Online Data Breaches

Last year when the first major retail chain had its credit card files breached by hackers, it made headlines. Reporters followed the story for months, and when another breached happened at a different company, it was even bigger and made more dramatic news. Recently, though, the cyberattacks are happening regularly, and therefore are no longer making headline news. For example, The Associated Press reported that two small phone companies posted the Social Security numbers, driver’s licenses, and other sensitive data of 300,000 clients to the Internet. Or you can just hop over to Forbes, which has their own roundup of recent…

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14th

November, 2014

Credit Cards in the News: November 8-14, 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 credit card fraud. That’s why we provide you with a summary of the top stories on CompareWallet so you can read what matters the most and not have to worry about all the other stuff. Here are the highlights for November 8-14, 2014. CFPB Proposes New Set of Rules for Prepaid Cards On Wednesday, the Consumer Financial Protection Bureau (CFPB) proposed a new set of rules for prepaid cards. The CFPB stated that prepaid card issuers charging…

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