May 22nd, 2011 
admin Credit card fraud alleged in Braintree
Four Boston women were charged with using phony credit cards to make purchases at South Shore Plaza stores, police said. In addition to merchandise from multiple stores, police said the women had 84 credit and gift cards.
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May 21st, 2011 admin Credit card providers leave EMV skimming hole open
Security researches are urging credit card providers to fix a so-called skimming hole in their electronic payment protocol through which criminals can harvest PIN codes that can be used, along with stolen cards, to empty bank accounts.
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May 20th, 2011 admin National credit card rates for May 19, 2011
Here’s a look at the state of credit card rates from Bankrate.com’s weekly national survey of large banks and thrifts conducted May 18, 2011. Variable credit card interest rates averaged 14.46 percent for the third consecutive week, and fixed rates held at 13.36 percent.
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May 18th, 2011 admin Credit card vulnerability still alive and well – AusCERT 2011
Global banks are yet to solve a vulnerability in the Europay, Mastercard and Visa (EMV) integrated circuit standard first rolled out in 2003, allowing hackers to place Trojan devices on point of sale hardware to harvest user and credit card information.
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Posted in Finance 
Tags: 2011, alive, AusCERT, card, Credit, still, vulnerability, well 
No Comments » May 17th, 2011 admin Credit card defaults, late payments at recent lows
New York, May 17 (AP) America’s top six credit card companies are giving investors more evidence that card users are in control of their spending and payments.
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