25 Jan, 2012
Purchases Small Purchases
According to research done by Javelin Strategy & Research, consumers are reverting back to cash for small purchases, despite aggressive incentivization by credit card companies to charge.
The research shows that 79 percent of consumers utilized paper money in the last week. In contrast, only 65 percent used a debit or credit card.
This comes as a relief for vendors that specialize in small purchase items like coffee shops that have weathered the unintended consequences of the Durbin Amendment to the Dodd-Frank Act, which capped debit swipe fees at 21 cents.
Read full post…
20 Jan, 2012
With so much in the news about hackers, online scamming ventures and identity theft, anyone whos ever entered a credit card number, password or security code into an online dynamic knows all too well the sense of dread that washes over you know knowing your privacy and financial livelihood has just been handed over to a virtual entity that we cant see, touch or hear.
It always fees more like a gamble than a transaction right? Even when were quite confident our transactions are safe, lets be honest, there are thousands of brilliant computer hacks who can make these security measures seem like childs play.
While there are no shortage of tips and ideas to keep yourself protected as much as possible, the fact is, nothings guaranteed.
Read full post…
15 Jan, 2012
Royal Yacht Yacht
Education secretary Michael Gove’s call for a new royal yacht to mark the queen’s diamond jubilee is grotesque (Give Queen a new royal yacht for the jubilee says minister, 16 January). It’s impossible to believe that Gove could think people would support such a move, let alone see a £60m price tag as money well spent, in the midst of the economic crisis.
Monday’s Guardian was packed with examples of just how broken Britain is. Amelia Gentleman’s article (Below the breadline: the harsh reality of life on Liverpool’s workless estates, 16 January) on mass unemployment in Liverpool, the city top Tories wanted to abandon to its fate in the 80s, showed the poverty and despair that the government’s cuts are causing.
Read full post…
4 Jan, 2012
Card Numbers Credit Card Credit Card Numbers Numbers
Hackers around the world have figured out how to break through internet security for some companies, and once inside the secure areas of the websites, copy credit card numbers, security codes and cardholder names and addresses. The stolen credit card details are then placed on a retail-style website, where thieves can purchase them for about $3.50 each. Nearly 8.4 million US credit card numbers are stolen annually.
Some of the “best” sites for buying stolen credit card details include an ability to search for cards based on the issuing bank – so customers can choose cards from institutions with weaker security and minimize their risks of being caught. Sites will also allow automatic validation before paying for the credit cards, to make sure the card details theyre buying have not yet been canceled by the banks and can be used to make purchases.
Other stolen credit cards are sold on illicit chat rooms and forums, where participants are allowed in based on invitation-only. Other sites exist to teach beginners the ways of hacking and credit card theft, which anyone can access.
The National Security Agencys Information Assurance Directorate, Tony Sager, says credit card fraud is growing faster than security can keep up. The federal authorities are treating global cybercrime similar to how they dealt with the US mafia – its organized crime and it will take awhile to dismantle it. Both the US FBI and European law enforcement are creating cybersquads to launch investigations of cybercrimes and credit card theft.
Add your comment
3 Jan, 2012
Estate Real Estate
Curtis K. Robert is a prominent businessman with a past he is a former IBMer and automotive repair franchise owner with 18 years of experience in real estate investment. He now teaches other business owners and real estate investors who dont have the time and the patience to look for real estate deals on their own.
His advice to them is to build wealth through real estate investment groups that are investing in condo conversions, 55+ older living facility projects and other profitable real estate deals. We are aggressively looking for opportunities that build wealth through passive income on a long term basis.
Read full post…
14 Dec, 2011
Card Card Offers
MasterCard and Bloomberg issued a report in recent days that the demand in the United States for gasoline fell by 3.4%. This is the biggest drop in more than three months. The average pump price fell to $3.29 per gallon, which is down one penny and also is indicative of the lowest level since Feb. 25. Prices were 11 percent higher than a year earlier. This information is founded on credit-card swipes and cash and check payments at about 140,000 U.S. gasoline stations.
With this news, we thought wed take a look at some of the better fuel credit card offers available today.
Read full post…