Fraud Prevention for MerchantsAdvisory Council Member:
Chamber of Commerce
On The Web
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Tag Archives: credit cards
Credit card crackdown too late?
We have some pending regulations that are good and bad compliments of the Office of Thrift Supervision, the Federal Reserve, and the National Credit Union Administration. Continue reading
RFID Credit Cards in the U.S. After All?
I’ve been saying that Smart Cards (RFID) won’t be coming to the U.S. because that’s what the card companies have been saying. According to at least one report, this isn’t true. Continue reading
Posted in fraud, fraud trends, RFID, Smart Cards
Tagged credit cards, fraud trends, RFID
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Credit Card Shaving – The Latest Trend
It seems like a lot of work but apparently it’s working for the bad guys. They use glue instead of shaving cream. Continue reading
Posted in credit card fraud, fraud, fraud trends, merchant, profit from fraud
Tagged credit card fraud, credit cards, fraud trends, shaving
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Chip and PIN Fraud
Chip and PIN was designed to prevent credit card fraud but it only sort of works. Or maybe it’s doing exactly what it was meant to do; push the liability away from the banks. Continue reading
Posted in Chip and PIN, credit card fraud, fraud trends, Smart Cards
Tagged Chip and PIN, credit cards, debit card fraud, fraud trends, hackers
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“Housing Bill” Affects E-commerce Merchants
Starting in 2011, the bank or other company that processes a merchant’s debit and credit card transactions must send the Internal Revenue Service a form disclosing the dollar amount of payments the merchant received on those cards each year. Continue reading
Posted in e-Commerce, government accountability, greed, merchant
Tagged credit cards, e-Commerce, Government, greed, merchants
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