Scammers finding new ways to get credit info; asking for 3-digit credit card code

They’re targeting that 3-digit security code on the back of most cards. In these cases, the scammer has your name and credit card number already. It starts with a phone call and works something like this: Scammer: Hello, I’m a security specialist with your …
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Tampa Resident Sentenced for Credit Card Fraud

A Tampa resident, Ricardo Romero-Mesa, has been put away for seven years in a federal penitentiary when it was proved that he played an important role in a fraud ring involving credit cards. According to A. Lee Bentley, an US Attorney, the ring was engaged …
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What’s the Right Way to Close a Credit Card?

The logistics of closing a credit card are actually quite simple: Call your card issuer’s customer service phone number and request an account closure. Whether you should be closing that account is a more complicated matter, and it’s a decision during …
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As Others Shun Credit Cards, 3 Reasons to Keep Charging

Learn more about Scott at NerdWallet’s Ask an Advisor. The number of Americans without any credit card at all has climbed – 29% were plastic-free in 2014, compared with 22% in 2008, according to a Gallup poll. “This suggests that credit cards—a …
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Outstandings rise 22% as e-com drives credit card business

Credit card outstandings jumped 22% in FY15, after slumping in the previous fiscal, as a growing e-commerce industry propelled the growth in credit card spendings. RBI data showed that credit card outstandings rose to R30,471 crore as of March end, from …
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eMazzanti Offers Test Credit Cards to Help Retailers Prepare for Openings, Train Employees and Improve Customer Experience

NYC area IT consultant works with merchants, professionals and other businesses accepting cards to streamline operations, reduce fraud and prepare for new EMV card technology. eMazzanti Technologies, a NYC area IT consultant and MSP, announced today that …
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Should I Cancel My Old Credit Card When I Get a New One?

It used to be in your wallet, but now it’s in a drawer. When you got it, it seemed like a good enough card. But now, you’ve found another. Maybe the new one is giving you more money back when you buy groceries, or maybe the interest rate is lower.
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Credit Card Processing: Worth the Added Cost

As cash and check use decline in America, shoppers are turning to credit cards for both offline and online purchases. It’s true that, as a small-business owner, you’ll lose a small portion of every payment to credit card processing fees if you accept …
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Credit card declined? Eight possible reasons.

The English language has seven words, which, when spoken together, will nearly always ruin the day of the person on the receiving end of them. That fateful sentence? “I’m sorry, your card has been declined.” It can happen without warning. Maybe you’re …
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Credit Card Scammers Have Card Numbers — Now They’re Tricking Customers Into Revealing Security Codes

Many major retailers and large companies have been the victims of massive security breaches lately, including Target and Anthem. As a result of these wide-scale hacks, many credit card numbers have been compromised and are now being sold on the black market.
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