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American Express, Discover, Visa kills “Mythbusters” Segment on Hackable Credit Cards

September 4th, 2008 · No Comments

I explained in an earlier post that many of the new credit cards contained an RFID chip which could potentially let credit card hackers still your information.
To summarize the previous article, credit card companies want to use RFID chips in their credit cards instead of magnetic stripes. The problem is that anyone with a […]

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Tags: Credit Cards

A history of how each credit card type was created

March 26th, 2008 · No Comments

I learned some interresting history the other day. Here’s the blame list for credit cards:
*Diner’s Club was the first charge card. It did not, originally, allow balance carry month-to-month.
*First Interstate Bank created MasterCard.
*Bank of America created Visa.
*Sears created Discover and it is still owned by Sears Holding Corp it’s shadow parent company in […]

Popularity: 4% [?]

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Tags: Credit Cards