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Finance News

Listen: "By the end of this year most of the credit card you have should've been replaced"

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Andrew Burton
Automatic TRANSCRIPT This transcript was automatically generated by AudioBurst technologies

O five nine a well there's some good news out there if you're concerned about credit or Devan card fraud gif in this is tech trends and events are now adopting the smart card technology that has been in place in Europe sense about nineteen ninety two at stake in that long to get around to in the problem is that uses different technology then piece White on the magnetic strip that you've got on the back but that is changing by the end of this year most of the credit card you have should've been replaced with one that has an electronic chipped in and the way you by things isn't going to change that much either you insert to card into a reader it a holds the cart until you enter your 'pin number for your signature now there's always going to be some intra present people out there look into Richview off in France card fraud was cut by more than eighty percent since the chips of introduction back in nineteen ninety two were a little behind the times but we're catching up their guy that's tech trends today got lucky that's a record he worked harder the forty three the way he's forged ask ALEX on Indiana and I like playing even when he was there clearly no one else does you know he kind of blew himself out of the way they're when he kind of blew into the year LeBron James but that's a whole different story was a plastic yeah the trade deadline as gunman gunned it was a big nothing broker a whole home day in the in via the biggest name on the trade block was.