Blog 2018-07-17T11:05:04+00:00

NFC on the new iPhone 6 & 6 Plus + Apple’s mobile wallet Apple Pay

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Apple takes NFC mainstream on iPhone 6; Apple Watch with Apple Pay Apple will help consumers say buh-bye to plastic credit cards with the NFC-enabled iPhone 6, iPhone 6 Plus, and Apple Watch using its new mobile payment service Apple Pay. Apple introduced its NFC-based mobile payment system Apple Pay for the iPhone 6. Apple wants to turn your iPhone 6 and Apple Watch into a virtual wallet that could [...]


Credit card security and possible card breach being investigated for…

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Home Depot Investigates a Possible Credit Card Breach If the evidence proves to be valid, the Home Depot hack could top the record-setting breach of Target’s network last December. So far, all roads point back to Home Depot. And if the evidence uncovered so far proves to be valid, the hack could top the record-setting breach of Target’s network last December. Investigators are searching for what they call “a common [...]


Late payments on credit cards at lowest level in 7 years

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Americans are doing a better job of making timely credit card payments, even as many lenders increasingly extend credit to more people with less-than-stellar credit histories. The rate of U.S. credit card payments at least 90 days overdue fell to 1.16% in the April-June quarter — the lowest level in at least seven years, credit reporting agency TransUnion said Tuesday. The second-quarter credit card delinquency rate is down from 1.27% [...]


Square tries to remove Amazon thunder

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In a recent blog post, Square Inc. is attempting to counter some of the attention foisted on Inc. after the announcement last week of Local Register, the online retailer’s mobile point-of-sale service, by dispelling the “top 10 myths” about Square’s service. Local Register enables retailers to accept payment card transactions using a smart phone or tablet and the Amazon Local Register app. Analysts view it as competing most directly against Square [...]


Finding an expert to help tackle credit card debt

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Not all “experts” claiming to be able to lower credit card debt are trustworthy. How do you find someone trustworthy to help deal with credit card debt? @Davidlaz has the answer Be careful about online offers to lower or eliminate credit card debt. Not all are trustworthy Swamped with credit card debt? Here are two organizations that can help: The National Foundation for Credit Counseling. The Assn. of Independent Consumer [...]


More credit card fraud

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Fradulent Credit Card Purchases Caught On Camera August 18, 2014 5:30 PM FT LAUDERDALE (CBSMiami) – A couple was reportedly caught on camera committing more than a thousand dollars worth of credit card fraud. Now Sunrise police have released surveillance images of the alleged duplicitous duo in hopes that someone recognizes them and picks up a phone. The fraudulent purchases were made on July 19th at two retail chains. At the [...]


Banks and retailers move on the chip for credit cards

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Banks, Retailers Speed Up Drive to Add Chips to Credit, Debit Cards Data Breaches Spur Effort to Boost Security; End of the Swipe? GLEN ALLEN, Va.— Morgan Montgomery inserted a credit card into a device, pulled it out and tried to pay for her groceries. But the transaction failed because she didn’t realize the card was supposed to stay in the machine while she signed for the purchase. “I don’t [...]

Who is Jeremy Ochsner?

CEO, Stillwater Payments | Helping clients reduce processing fees and avoid rate increases and egregious lease schemes

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