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.

More In Business

Florida’s 6-Week Abortion Ban Takes Effect

The rules are affecting not just women who want therapeutic abortions, but also nonviable pregnancies for women who want to have babies.

Tom Brady’s Company, Autograph, Wants You To Engage With Your Favorite Athlete...Including the GOAT

Autograph revolutionizes fandom, allowing fans to engage with their favorite celebrities through digital collectibles, experiences, and rewards.

The Breakthrough Skin Cancer Vaccine That’s Changing the Game

A “cure for cancer” might be too ambitious, but recent results in skin cancer vaccine trials are injecting hope into the battle against it.

Sure, it's Not Exactly Fun, But Here's Why Financial Planning is So Important

Cetera Holdings CEO Mike Durbin sits down with Cheddar to discuss the important of financial planning, investment strategy and the state of today's market.

US GDP Growth (Or Lack Thereof): Why Were the Figures So Low?

The U.S. GDP dropped in 2024. Here's what that means for you.

Inside the Surge of Sports Team Valuations and Emerging Investments

Wealthy individuals and industry leaders are driving soaring sports team valuations, fueled by private equity and growing interest in leagues like the WNBA.

The Shift Towards Seamless Cross-Screen Interactions And Taylor Swift's Impact On Brand Engagement

Digitas leads in shaping consumer behavior with seamless, cross-screen interactions, featuring insights on Taylor Swift's impact

The Federal Reserve Wants You to Pay Off That Credit Card Debt

The incoming Fed decision will likely be good news for consumers with high-yield saving options, but bad news for borrowers (like anyone with high credit debt).

Apple Earnings Are This Week – And It All Comes Down to iPhone Sales

Apple may be making headlines for flashy A.I. investments, but Thursday’s first quarter earnings could show some ‘struggle’ when it comes to sales.

Unlock Financial Empowerment with 'Investing Is Your Superpower' - Simplifying Finances for Everyone

Empower your financial future with 'Investing Is Your Superpower' by Shinobu Hindert. Learn how to take control of your finances. No economics degree required

Load More