June 13, 2019

More than 40% of businesses revealed that over 5% of their transactions were fraudulent. This may come as a surprise to many, given the fact that it is only recently that EMV cards with embedded chips have been introduced with the aim of reducing credit card fraud. Since security chips make it harder for criminals to use stolen cards in stores, most fraudsters have now migrated online where this ...

June 11, 2019

Most credit card holders are curious to know how their credit scores, or credit card debt, stack up against that of their family, friends or even neighbors. But have you ever wondered how well you measure up against a typical American consumer? Every year, Experian releases a State of Credit survey that can answer quite a few of the questions that you may have. In its 2017 report, the credit inst...

November 7, 2017

Of late, the going has been tough for national credit rating bureau, Equifax, as well as its customers - most of us! In September of this year, the company revealed a security breach that took place in May and exposed personal information (Social Security Numbers, names and other details) of around 145.5 million Americans and 15.2 million individuals from the UK. Now the company is in the news ag...

January 10, 2017

You may think that your credit card information is at risk only if your card is lost or stolen; however, that’s not really true. You can become a victim of fraud if you use your card to shop online as well. If you enter your card information into false and insecure payment gateways, thieves may steal the information and use it to siphon money from your account. Nevertheless, it is not all do...

November 19, 2015

With Thanksgiving around the corner, I’m sure you are all geared up for Black Friday too. One word of caution though – up until now, you only had to deal with lines that led to the entrance of your favorite store. Now however, you may have to wait in long lines to check out as well! Why? Well, it’s all thanks to the new technology that came into effect last month. On October 1 of this ye...

September 23, 2015

The U.S. economy continued to grow at a steady rate halfway through the third quarter, despite the recent turmoil in global financial markets triggered by concerns over slowing economic growth in China. Data on automobile sales, employment and the services sector have indicated a constant build-up of economic momentum at the start of the third quarter – after the gross domestic product expa...