17 Search Results
How Credit Card Frauds Are Investigated and Caught
https://www.sofi.com/learn/content/how-credit-card-frauds-are-caught/
Even if you’ve never been a victim of credit card fraud yourself, you probably know someone who has — and you may have wondered how credit card frauds are caught. Credit card companies and merchants frequently update the security measures they use to prevent credit card fraud, and their investigators will check into issues as […]
When Were Debit Cards Invented?
https://www.sofi.com/learn/content/when-were-debit-cards-invented/
Though they were invented in the 1960s, debit cards are such an integral part of everyday life that it’s hard to imagine a time when they didn’t exist. But debit cards actually haven’t been around all that long. Since they were popularized in the 1970s, these bank cards didn’t become widely available as a payment […]
Debit Card Fraud: How It Works and How To Prevent It
https://www.sofi.com/learn/content/debit-card-fraud/
Credit card scams have been well publicized in recent years, but you may not be aware of the uptick in debit card scams. According to FICO®, the total number of compromised debit cards in 2023 was up 96% over the last year surveyed, and more than 315,000 cards were impacted. Whether swiping your debit card […]
International Credit Cards: Features, Benefits, and How They Work
https://www.sofi.com/learn/content/what-is-an-international-credit-card/
If you want to avoid dealing with native currency or carrying traveler’s checks or cash when traveling abroad, an international credit card can be an asset. Having this kind of card in your wallet, which you can use both at home and abroad, can make for smoother trips overseas. Here’s a closer look at what […]
What Is a Credit Card Chip and How Does It Work?
https://www.sofi.com/learn/content/credit-card-chip/
If you’re asked to insert or tap rather than swipe your credit card when you go to pay, you’re using a chip credit card. A credit card chip is a small gold or silver microprocessor that’s embedded in the card and intended to offer greater security for your transactions. Credit card chips are growing dominant […]