posted on Wednesday, October 01, 2014
They offer great convenience, but debit and credit cards also come with some risk. Learn how to protect your plastic better.
posted on Monday, September 29, 2014
It seems like every day there is another news report of a breach of security at "bricks and mortar" stores resulting in the theft of card information.
posted on Friday, September 19, 2014
Both debit cards and credit cards have their merits as financial tools. Here's a definitive guide as to when and how you should use them.
posted on Friday, July 25, 2014
On Friday, July 25, 2014, Lincoln Savings Bank (LSB) was made aware of a phone scam in our communities. Fraudsters posing as Lincoln Savings Bank attempt to get debit card information over the phone. This is a SCAM.
posted on Thursday, June 19, 2014
Fraud-resistant payment methods have been around in Europe for many years and now America has finally come around to bringing the technology to the states. Europay Mastercard Visa (EMV) represents a global standard for ensuring the security of chip-based credit and debit cards.
The implementation of the EMV payment method in the United States may not be here before the 2015 deadline because of the lack of education to retailers and consumers. A recent report came out with information that education is lacking for consumers and retailers because no one is teaching them about the EMV-chip cards.
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