How Visa Credit Cards Are Keeping You Safe From Fraud
Stephanie Ericksen, Vice President of Global Risk Products for Visa, explains how the company is stepping up its card security. Despite a series of high profile data breaches, Ericksen says the average consumer is actually very safe.
Ericksen notes 95% of transactions made in the U.S. are now made using chip-enabled cards. Merchants with chip-enabled readers have reported a 66% drop in fraud cases.
Visa is exploring biometric card security, as well. Iris scanning and voice recognition could be card security options in the future. Ericksen also notes 40% of Visa transactions aren't made using a card at all, but instead through Apple Pay.
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Tony Drake, founder of Drake & Associates, breaks down the latest CPI report, why ‘inflation is still trending down,’ and why the Fed doesn’t want to cut rates too soon.
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The pandemic yielded government financial support and (eventually) a surprisingly strong job market — but racial wealth disparities grew. Why is it so difficult to close the wealth gap?
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Joe Pompliano, author of the Huddle Up newsletter, breaks down the biggest moments from Super Bowl LVIII, from potentially record-breaking viewership to Taylor Swift’s highly anticipated appearance.
David Wright, President and owner of Wright Financial Group, shares his thoughts on why the Federal Reserve seems hesitant to cut rates, and why regional bank stocks could help move the needle.