News

Jeff Hall directs the information-security practice at tax and risk consultancy McGladrey. He has more than 30 years of experience assisting companies of all sizes with information-security issues ...
- Mastercard is getting rid of magnetic stripes on its credit and debit cards over the next 10 years, part of a broader push from the company to use "more capable and secure" alternatives to the ...
Mastercard is getting rid of magnetic stripes on its credit and debit cards over the next 10 years. With newer card technologies in wide use, the mag stripe ... metallic tape adhered to the card.
NEW YORK--(BUSINESS WIRE)--SmartMetric, Inc. (OTCQB: SMME): Mastercard has announced that by 2024 card issuers will no longer be required to use magnetic stripes on their credit and debit cards ...
Magnetic stripe credit and debit cards could be around for the rest of this decade, although their days are clearly numbered. Mastercard, for example, says that, "by 2029, ...
Mastercard is phasing out the use of magnetic stripes on its credit and debit cards over the next decade. They’ll start to disappear in 2024 in regions where EMV chips are more common, and will ...
Consumers can try to protect themselves by looking for retailers that have enabled chip-based credit and debit card use on their POS terminals. These are much more secure than magnetic stripe cards.
Mastercard plans to phase out magnetic strips on credit and debit cards by 2033 due to the rise of other payment technologies, something that could change the appearance of the physical Apple Card.
An ingenious technology in its time, the magnetic stripe was invented in the 1960s by marrying tape-recorder-like magnetic tape to a credit card.