Magnetic Stripes, EMV Chips and Credit Card Fraud
Over time, countries that adopt the EMV (chip-and-PIN) payment card technology invariably experience lower losses from domestic credit card fraud....
Tag: credit card statistics
The Month in Numbers – June 2012
Close to a half of Canadians are in a credit card denial, albeit perhaps not as deep as ours; 75 percent of Australians are good savers....
The Unbanked Are Better Paid than You May Think
The income of the average American "underbanked" consumer is $52,000, lower than the $73,000 average for the "banked" consumer, but unexpectedly high....
Credit Card Debt vs. Credit Card Use
Even as credit card spending in the US has been increasing, the record-high debt repayment rate has prevented the credit card debt total from rising....
The Month in Numbers – May 2012
Making only the minimum payment on a credit card debt of $10,679 will leave your descendants with $212 million in debt 1,000 years from now....