Why Do Lenders Want You To Use Your Debit Card Like A Credit Card?

Why Do Lenders Want You To Use Your Debit Card Like A Credit Card?

A reader wants to know why Chase is pushing him so hard to use his debit card like a credit card when paying for things—they’re promoting a contest for people who do this, and on every insert or blank space in the paperwork that accompanied his newest card, they encourage him to always select “credit” over “debit” at checkout. Why?

Sprint Keeps Sending Mysterious Security-Related Text Messages, But Doesn't Know Why

Sprint Keeps Sending Mysterious Security-Related Text Messages, But Doesn't Know Why

Chelsea wants to know why she keeps receiving these cryptic text messages from 9099. The messages alternate between telling her new phantom services have been added to her account, and sending her an account PIN and security answer. We thought it was someone trying to gain access to her account, but the PIN and security answer aren’t hers, and the services never show up on her bill.

New Law Requires Minnesota Retailers To Purge Personal Information After Two Days

New Law Requires Minnesota Retailers To Purge Personal Information After Two Days

Minnesota retailers will soon be required by law to purge PIN numbers and credit card information after 48 hours. The new law, the the Plastic Card Safety Act, takes effect on Wednesday; beginning next year, the act will empower banks to sue retailers whose data-retention practices lead to a security breach. From the Star-Tribune:

Frictionless Transaction Rubs the Wrong Way

The other day, Brian swiped his debit card at Academy sports and outdoor equipment palace. Being a good consumer, he always chooses credit over debit. However, instead of having to sign a screen or a slip, the cashier handed him his bags and receipt and said, “Thanks, have a good day.” No ID, no sig, nothing.

Microsoft Fingerprint Reader Does Passwords, Not Security

Microsoft Fingerprint Reader Does Passwords, Not Security

We hate remembering passwords. We have enough arbitrary code phrases in our life to remember, like the one we have to try to remember when our girlfriend cinches that plastic sack over our head. So Microsoft’s Fingerprint Reader software seemed pretty cool to us.