Social apps from CardSpring and American Express link credit cards to coupons
Attendees at this year's SXSW tested CardSpring, a new service that links credit cards to discount deals without requiring coupons. To participate, users register their account details online or through a smartphone application. When shopping at participating merchants, point-of-sale systems connected to CardSpring's database recognize a user's registered credit card number. The POS device deducts [...]
American Express, Testing / Technology
Square card reader vulnerable to hack attack
Researchers at Aperture Labs, a security research firm in the UK, have demonstrated two ways to hack the Square payment system to use credit cards fraudulently, security holes they say could streamline cybercrime despite Square's assurances that they monitor all transactions for fraud.
Square is one of the latest credit card payment processing systems for iOS [...]
Testing / Technology
New Citi/AA airline credit card offers "chip and PIN" plus elite perks
Editor's Note: Thank you for your interest, this offer expired and is no longer available.
Citi Cards and American Airlines offer unprecedented benefits and a "chip and PIN" option to lure elite travelers to their latest airline credit card.
Travel rewards and perks
The Citi Executive / AAdvantage World Elite MasterCard builds on the 24-year relationship between Citi [...]
Rewards / Travel Cards, MasterCard, Citi Bank, Testing / Technology
Visa launches text-message discounts for Gap customers
Credit card giant Visa has partnered with Gap to provide customers with a new loyalty program offering immediate discounts and savings at Gap clothing stores to Visa credit card holders. The program, dubbed "Gap Mobile 4U," has reportedly been in testing since late 2010, and represents the first of perhaps many new partnered discounts that [...]
Visa, Testing / Technology
Wells Fargo "smart card" introduces US to world standard EMV chip technology
Wells Fargo is ready to begin testing a new line of U.S. credit cards that will include magnetic stripe technology, as well as the newer EMV microchip technology that has become standard in credit cards worldwide. The company has announced that it will begin a pilot test of these Visa "smart cards" by the middle [...]
Wells Fargo, Testing / Technology