Mastercard announced that all of its debit and credit cards will lose the iconic magnetic stripe starting in 2024. Various advancements in payment technology have made the magnetic stripe unnecessary.

If you have a credit card issued by Mastercard, you will get a replacement card in the next few years. The company says it is removing the magnetic stripe on the back of cards containing payment ...

As agencies worldwide phase out magnetic stripe systems, PCI PTS 6. x-compliant ticket validators are emerging as the ...

A small length of magnetic tape adhered to credit cards, badges, permits, passes and tokens. The tape is read by magnetic stripe readers incorporated into ATMs, identification readers and payment ...

NEW YORK--(BUSINESS WIRE)--SmartMetric, Inc. (OTCQB: SMME): Mastercard has announced that by 2024 card issuers will no longer be required to use magnetic stripes on their credit and debit cards.

They are everywhere. Magnetic stripe cards are so pervasive that most sources do not even try to calculate the number of cards issued worldwide but rather simply refer to the “billions of cards.” ...

Thieves are still able to steal information from cards' magnetic strips. — -- When it comes to stealing credit card information, it's unfortunately as easy as swiping your card in any skimming ...

Four decades after its creation, the credit card magnetic stripe has revolutionized the way we make purchases and share personal information. New technology, however, is threatening to send the ...

Hackers stole payment records on as many as 110 million customer accounts from Target over the holiday shopping season, in one of the largest data security breaches in history. The company has ...

[anfractuosus] has been reading magnetic stripe card… optically! While hackers routinely read and write stripe cards, this is the first time we’ve reported on optically imaging and decoding data from ...

Mastercard last week announced that its cards will no longer be issued with the magnetic stripe by 2029, which will presumably include Apple Card. The magnetic stripe was an early 1960s technology ...

For decades, the magnetic stripe has been ubiquitous on everything from credit cards to tickets to ID badges. But the BBC reports — unsurprisingly — that the mag stripe’s days are numbered. Between ...