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Companies Test 'Contactless' Credit Cards







Companies Test 'Contactless' Credit
Cards

Companies Test 'Contactless' Credit
Cards
12/12/2003 04:16 PM

AP via Daily Press Dec 12 2003 4:02PM ET




This is a GrokNews Entry: (what is grok?)





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Companies Test 'Contactless' Credit Cards

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Consumer Credit / Credit Cards


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Credit cards and the internet


Credit cards and the internet 09/06/2004 03:55 PM
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Up to 40m credit cards 'hacked'


Up to 40m credit cards 'hacked' 06/22/2005 02:40 AM
A computer hacker may have broken into more than 40 million credit card accounts, US customers are warned.

Credit Cards Aren't Evil


Credit Cards Aren't Evil 04/01/2005 08:52 AM
They can be a force for good in many ways.

JWZ on RFID credit cards


JWZ on RFID credit cards 12/15/2003 11:35 AM
Great commentary by JWZ about the coming RFID wave-to-pay credit-cards:
"I like that it's on your keychain and it's fast to use," said Kristie Beenau, 36, of Peoria, Ariz., who has used ExpressPay for about six months at a CVS Pharmacy and fastfood restaurants. "I charge everything anyways. Now I wave it rather than get my card out. It's more convenient."

I'm going to make a fortune by selling an invention that lets you punch a hole in a credit card so that you can wear it on your keychain. Then later I'll repurpose that invention to let you punch a hole in a $20 bill, so you can wear that on your keychain too!

Link

Managing Credit Cards Intelligently


Managing Credit Cards Intelligently 09/13/2004 11:13 AM
Take advantage of cards instead of it being the other way around.

Visa trials RF credit cards


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Credit cards: a contactless future


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"...because of a patent-pending method of lumping together individual transactions into one transaction to reduce the cost to the merchant."

40 Million Credit Cards Exposed


40 Million Credit Cards Exposed 06/22/2005 02:02 AM
Credit card processor CardSystems Solutions may have exposed nearly 40 million credit card numbers, according to information released over the weeked by MasterCard International. On Monday, nearly 200,000 cards were confirmed stolen, after a file containing the information was accessed by a hacker.

Beware of Canceling Credit Cards


Beware of Canceling Credit Cards 08/30/2004 10:05 AM
Cutting up old cards could damage your FICO score.

Credit Cards, Google, and The Internet


Credit Cards, Google, and The Internet 08/05/2004 02:31 PM
Credit Card information theft has always been a worry to their users, a worry multiplied by the internet and online shopping. Users have often been haunted by ‘scare stories’ of data being intercepting and their details getting hi-jacked to purchase goods illegally online. Supposedly, SSL technology and encryption on websites solved this issue, and to a large extent it has.

However, that’s not to say that the problem has been completely wiped out. It’s not that un-common to see mainstream newspapers reporting that it is easy to get stolen credit card details online. As a 'well-informed' techie and web user, one can usually disregard this as a journalists padding out articles with a piece of spice. Yet is this really the case? We decided to look into the validity of claims like this, and investigated exactly how hard it is to get credit card information over the web. The worrying answer we found: not very.

Many news outlets reported earlier this week that via the world's most popular search engine, Google, one could easily harvest credit card numbers using it's advanced search tricks; with a little investigation, Within 5 minutes and a bit of researching on the search giant, Neowin uncovered these queries and managed to exploit them to the extent that we were able to find literally hundreds of credit card numbers, along with their owners names and addresses. The information in many cases contained the ‘added security feature’ that is the 3 digit CVV code, recently introduced to add another layer of security to the online purchase process. One of the sites we uncovered, with a sizable list of numbers and details, was hosted on popular free Invision forum host, invisionfree.com.

Using advanced Google searches and easily available information on the format and structure of various credit cards (easily found on Google), we, and potentially more malicious web users, were able to find not only MasterCard information but a wide variety of card types such as Visa; somewhat disconcerting.

So what practically can be done? We contacted the hosts of a few the sites involved informing then that they were hosting credit card details. However, with many sites it's pretty in-practical and in-effective to deal with it in this manner. Neowin would urge it's readers to practise responsible and conservative use of their card details online; ensuring they use it only on trusted sites only, and sites which offer secure transactions (look for the padlock in your browser). Importantly, it helps to tell other more vulnerable people about the potential for scams on the internet – e.g. parents, new users to the web. Teaching people these dangers is really the only effective way to combat a growing and worrying issue.

View: Example of just one the sites we found
View: Google : Gateway to Credit Card Piracy? | Advice on Fraud

Read full story...

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Credit cards enter micropayment game


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Credit cards could offer key to
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Credit cards could offer key to
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Biometric Voice Recognition Credit Cards


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Man Accused of Double-Swiping Credit
Cards (AP)


Man Accused of Double-Swiping Credit
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12/22/2004 01:02 AM
AP - Talk about upsizing. Travis Dominguez, 20, has been accused of double-swiping the credit cards of what he considered to be irritating customers at a Taco Bell drive-through.

Over 200 Macao credit cards at fraud
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06/24/2005 08:32 PM

Senator's Lost Credit Cards Used in
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Senator's Lost Credit Cards Used in
Spree (AP)
04/16/2004 06:35 PM
AP - Someone charged more than $800 to Sen. Pete Domenici's credit cards last month after he lost his wallet during a visit to Albuquerque. Speaking to a business group this week, the New Mexico Republican said he was surprised none of the cashiers who rang up the purchases raised questions when the buyer signed the six-term senator's name to a receipt.

Single-Use Credit Cards Fight Fraud


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Credit Cards Enter the Micropayment Game
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Google queries provide stolen credit
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Google queries provide stolen credit
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08/03/2004 07:49 PM
The ubiquitous search engine makes it easy to find unprotected personal information, CNET News.com has learned.

CNN.com - Radio-fueled credit cards
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CNN.com - Radio-fueled credit cards
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CNN.com - Radio-fueled credit cards could end swipe - Dec. 13, 2003

cnn.com/2003/TECH/ptech/12/13/goodbye.swipe.ap/index.html
track this site | 4 links


Internet can be very useful for those
who want more information about credit
cards and managing debt


Internet can be very useful for those
who want more information about credit
cards and managing debt
03/25/2005 06:26 AM
NewsTarget Mar 25 2005 10:58AM GMT

""The history of... cell phones,
satellite tv, credit cards & more ...""


""The history of... cell phones,
satellite tv, credit cards & more ...""
04/09/2004 04:12 PM

Replacing All Your Credit Cards With A
Card Writing Device


Replacing All Your Credit Cards With A
Card Writing Device
03/06/2004 02:05 AM
Wired is running an article about a new sort of device that is being designed to replace all your credit cards. It's a fascinating idea. It's a small device (the "Pocket Vault"), that comes with its own card (the "Chameleon Card") stored inside. When you first get it, you stick each of your credit cards, bank cards, debit cards, whatever cards, into the device, and it records the info on the magnetic stripe. Then, all you need to carry around is the device (with its own card inside). When it's time to use a card, you pull out the device, pick the card you want to use, and it spits out its own card with all the info on the magnetic stripe, and with a display showing the credit card number, expiration date and logo. It also includes some interesting security features. It has fingerprint recognition before you can remove the card, and if the card is out, the display fades after 10 minutes, making it useless. They claim that it will also work with RFID based systems, like the ExxonMobil SpeedPass, but don't explain how it records that info. It might also run into problems with smart cards, since it won't be able to record the info off of a chip. There are some other concerns as well. This seems like the ideal way for someone to steal credit cards if they can access your card for a bit. There are already stories of waiters in restaurants who take your credit card and run it through a skimmer to get the number. If they just use this instead, they get an automatic replica of your card. Also, you have to wonder if various clerks will freak out the first time they see this and wonder if it's legitimate. Finally, carrying around a device doesn't seem to save much space, since the device itself is probably bigger than the credit cards its replacing, and it won't fit in your wallet. Sure, the gadget geek side of me thinks this is a cool idea, but is it worth $200 to have to carry around another gadget (that also slows down the purchasing process...)? It might be a tough sell.

Citi Credit Cards - Apply Online! -
Sponsored Link


Citi Credit Cards - Apply Online! -
Sponsored Link
06/24/2005 09:18 PM
Ad - http://www.citibank.com Jun 22 2005 11:55PM GMT

In 2003 45% of non-cash payments were
made through checks, 23% through credit
cards


In 2003 45% of non-cash payments were
made through checks, 23% through credit
cards
03/26/2005 02:36 AM
ZDNet Mar 26 2005 7:32AM GMT

Credit Card Companies Cannot Be Held
Liable


Credit Card Companies Cannot Be Held
Liable
08/16/2004 11:46 PM

Direct and Related Links for 'Credit Card Companies Cannot Be Held Liable'

“In a ruling the Electronic Frontier Foundation hailed as a step forward, the United States District Court for the Northern District of California ruled today that Visa and several other credit card companies would not be held liable for the copyright infringements of its business customers. The case was brought by Perfect 10, an adult website that accused several credit card companies of copyright infringement because they were providing financial transaction services for sites containing…

New virus targeting bank accounts,
credit cards on Internet: Germany (AFP)


New virus targeting bank accounts,
credit cards on Internet: Germany (AFP)
06/03/2004 02:02 PM
AFP - German authorities alerted computer users to a new Internet virus targeting bank accounts and credit cards and bearing a striking resemblance to the Sasser worm that disabled millions of systems worldwide last month.

New virus targeting bank accounts,
credit cards on Internet: Germany


New virus targeting bank accounts,
credit cards on Internet: Germany
06/03/2004 03:33 PM
AFP via Yahoo! Jun 3 2004 7:08PM GMT

Stolen Credit Card Numbers and Companies
with a Clue


Stolen Credit Card Numbers and Companies
with a Clue
03/28/2005 11:20 PM
Adam C. Engst (~1810 words)

Credit card number theft is one of those events that seems to happen only to other people... until it hits you. That just happened to me, and the repercussions proved a bit more instructive and far-reaching that I would have initially anticipated.


Credit card companies not responsible
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Credit card companies ban Internet sales
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Phishing Scam Twist: Bogus Sites Built
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04/08/2005 10:04 AM
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Salvation Army's Christmas collection
kettle now accepts Interac, credit cards


Salvation Army's Christmas collection
kettle now accepts Interac, credit cards
12/12/2003 03:17 AM
Canadian Press via Canada.com Dec 12 2003 2:18AM ET
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