Internet currency company, beenz.com, is to launch an offline debit card in May in conjunction with US Net firm, Flexigift. The service will allow users to convert their beenz into cash and use the card within the Mastercard Network.
UK utility, Powergen, has admitted to a massive security breach that left the debit card details of thousands of customers open to a potential multimillion pound fraud. Chamberlain - an IT manager - said he was surprised to discover three files on...
This week, two major banks joined a credit union in cancelling a combined 200,000 accounts belonging to debit-card holders. Cauthen said on Friday the FBI is working on a debit-card fraud case that was first reported by The Sacramento Bee last...
If the banks and retailers give in to this pressure then the use of chip and PIN, let alone even more inconvenient cardholder authentication methods such as biometrics will be hard to enforce. The scanner allows consumers to link their fingerprint...
Virgin Mobile USA is to launch a prepaid Visa debit card aimed at teenagers. Virgin said the card will be accepted anywhere Visa debit cards are accepted. In the UK, Visa is piloting contactless debit cards in London which will allow shoppers to...
Once in my office, I buy flowers for delivery to my significant other, purchase a golfing magazine subscription, pay some bills and buy an iTunes gift voucher for a friend - all using my credit or debit card information.