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New Credit Cards Can Talk to Owners

Credit card companies are now developing a range of credit cards that actually speak to their owners. The new cards will be able to display a consumer's balance along with acting as a reward card.

The credit cards are set to be released in the USA later in 2011 and will contain small microprocessors. The batteries will last for up to three years. In order to combat fraud, the cards will only display personal information to the consumer once a special confirmation code has been entered.

Following the introduction of chip-and-pin in Europe, France saw the number of fraudlant claims reduce by 80%. Changes to the US system have been much slower because of the volume of cards in circulation.

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7 of the Geekiest Credit Cards Ever Made

Credit cards aren’t renowned for their classic designs, but here are 7 geeky credit card designs that every nerd would love to have.

 

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Are Phones Set To Replace Credit Cards?

Credit cards and debit cards could be under threat thanks to Smartphones. It's estimated that there are over 1 billion credit and debt cards owned by people in the US. There are plans by AT&T, Verizon Wireless and T-Mobile to launch a payment sytem on phones. For example, people who use T-Mobile cell phones would be able to pay directly from their phones rather than having to use a card or cash. Industry consultant, Richard K. Crone said "This is definitely a game changer".

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Best Credit Cards For People With No Credit Score

Have you never owned a credit card before and are looking to start building up your credit score? As you may be aware, no credit is bad credit. You should always have on hand a copy of your freescore.com free credit score check so that you know how your credit history appears to employers and lenders. Having no credit history makes it difficult for your to get mortgages, loans or even just get accepted for a regular credit card.

Here are a list of credit cards designed for those of you who are not yet on the credit ladder.

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Social Shopping Site Blippy Reveals Customer’s Credit Card Details Online

credit card padlockBlippy.com, a website that provides a social component to online shopping, had the misfortune of accidentally leaking some of its members’ confidential debit and credit card numbers to the public via a search of its website using Google’s (NASDAQ: GOOG) search engine.
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