Did you know that a house built in the 1950's which faces west is vulnerable to break-in? How could this be? According to the metaphysical practice known as feng shui, laws of time and space can be calculated in relation to the direction and timing of any construction. Those time-space calculations reveal how people are affected by their home or place of business in some very personal and specific ways. Like Astrology, feng shui is a predictive art which highlights the potential positives and negatives of any structure and one of those areas includes personal security. Some house types are more prone than others to attracting break-in. If the house has a security system, burglars might[..]
Spyware Scanners - How They Keep You Safe
Spyware scanners should be at the top of your list of "things to install" on any new PC, old PC, and pretty much any PC that you use on a regular basis, or keep personal information on. If it's not, you're leaving yourself wide open to theft, fraud, data loss, identity theft, credit card fraud and a whole host of other nasties. If you don't have a spyware scanner on your PC, get one now. They keep us safe in several very clever ways, and their programmers work tirelessly to keep them up to date in an ever ongoing battle against spyware creators. But how do they work? Well, a spyware scanner is essentially a small piece of software that sits in the background of your PC (much the same as[..]
These facts and figures may shock you a bit but remember that it is more advantageous to have knowledge about identity theft as it would help you in the battle against it. Do not wait for those phone calls to come reporting of unusual activities happening in your accounts. 1. Based on studies by experts, more than half of the identity cases they have handled are done by people that a victim knows. These thieves usually turn out to be their friends, relatives, or officemates. 2. In 2004, there has been 10 million reported case of theft and the worse thing is that a big percentage of the cases took place OFFLINE. An 11.6 percent will prove that it is not the time spent on one's computer[..]
Five Ways to Prevent the Identity Theft Trap
Everyday we read in the newspaper that millions of people all over the world are becoming a victim of identity theft. Identity theft is a serious crime that is punishable by law. It happens when your personal information is stolen and used without your knowledge, it is use to commit fraud, steal or use your identity to commit other crimes. Identity theft has become a global problem that occurs every minute, and since then this has been the banking industries problem. This is because, it involves major financial losses for the financial industry, as more and more people files for fraudulent transaction. In fact, the most common form of identity theft is the credit card fraud. The second[..]
Tips for Managing Your Checking Account
Copyright (c) 2009 Sherry Tingley There are five things you can do to manage your checking account. Some of these steps are very easy to do and others some people never do because they are careless record keepers. The first step is to choose a bank that you like. Go to the various banks and credit unions and ask them about the different kinds of checking accounts that they offer to their clients. The most important question you might ask is about all the fees that go with the account such as the ATM fees, cost of check, monthly fees, overdraft protection and overdraft charge. You should also ask if the account in question would be available for online banking transactions. Free checking[..]
Family and Finances: How to Deal Effectively...
The Smith family is your typical middle class family. Jan and Robert Smith have two kids, JoAnn and Ray. Jan loves her family dearly because she was raised in a big family of 12. Jan is the oldest. Jan's siblings are relatively close knit. Each visits each other. Jan's extended family has a habit of borrowing money from each other. Jan's parents have even found themselves borrowing money to prevent one of their children from jail. Jan's parents are going to always found going from store to store to pick up hot checks for their children. When Jan usually goes to her parents about this action, her mother only says, "Family helps family." Jan doesn't lend her money to her siblings unless[..]
Unpaid wages and the current state of Pike County Hospital prompted a handful of protesters to take to the street Friday morning in Murfreesboro. The protestors, which included unpaid former and currently laid-off employees as well as family and friends, held up signs along the roadway that read “Pay Us,” “PCH Unfair” and “X-Mas is Not Cancelled.” Protestors said the rally had been mounting for months but was pushed into action last week following a remark from one of the hospital’s administrators, Arthur Benson, that “Christmas has been cancelled.” Laid-off employee Barbara Sweeden said up to 50 employees were due paychecks when the hospital was forced into a temporary[..]
Checking Accounts - No Chexsystems Involved
You may have recently had one or more banks reject your application for a new checking account. And, you may know by now the reason for your application having been rejected: it's called Chex Systems. Chex Systems has become a dirty word for anybody who has been rejected for a new checking account. What Chex Systems Is Chex Systems is a database that works like an early-alert credit risk system for banks and other financial institutions. Unlike the FICO (credit) scoring system we have all come to know (and love?) over the past several decades, the Chex Systems database does not feature a score. Rather, just having your name entered into the database is enough to get your checking account[..]
Use MICR Toner to Print Your Checks - Secure...
How many of you out there in cyberspace today own their own business? My guess is that almost half or maybe even more than that do own their own business. If you do own or manage a business, my guess is that you deal with checks on a daily basis right? Now we get to my second question in this article, how many of you print your own checks? Again, my guess is that the majority of you DO print your own checks and knowingly, if you are smart about it, you are using MICR toner to make those checks secure. Today we will be discussing a little bit about MICR toner and the benefits of using this type of toner to print your checks for your business. Maybe even some of you who are reading this[..]
Companies listed in the NYSE had to get an internal audit department ready before 31 October making sure the new audit heads could evaluate the scope of their departments work, as well as how to comply with the new Sarbanes Oxley laws. They had to hire new directors and get an audit plan ready due to the provisions made in the Sarbanes Oxley law passed in 2002. The companies had to hire personnel as well as assign the new department a budget, determine how they will document compliances and how much work to assign the audit department. Sarbanes Oxley Act of 2002 has created a revolutionary change in the corporate governance as well as internal control for companies listed in the NYSE.[..]
For years the paycheck has traditionally been a paper document issued by an employer to pay an employee for services rendered. But in recent times, the physical paycheck has been increasingly replaced by electronic direct deposit to bank accounts. In the past few years it has grown to the point that many employers prefer direct deposits over the expense of issuing paper checks. Many companies are actively encouraging employees to sign up for direct deposit. But what is commonly unknown, and many employers are realizing, is that there are millions of people who for various reasons are unable to obtain a bank account. Many due to being reported to Chexsystems for a previous bank account[..]
Faxless payday loans are documentless If a borrower borrows from a lender, the payday lending companies will ask to fax their driver's license, checking account information and paycheck copies. Payday advances are documentless such that the borrower won't have to fax any of the documents to the payday loan lenders. All the procedures are through internet such that the consumer won't have to step out of your home to avail this loan. The loan application is processed and the declared information is checked completely over internet. Once verified the amount will be deposited into your bank account within a few hours. Quickest finance - Same day transfers Traditional bank loans take time to[..]
Financial Schemes That Target Personal Checks
Personal checks are still a valid financial transaction in the United States and other parts of the work. As a result, however, this makes them still open to use in financial scams, be it a job claiming you can work at home processing checks or from an email or Facebook solicitation to help a person get back on his feet in a foreign country. Sending out personal checks in these instances puts your bank details in someone else's hands, making you and your bank account vulnerable to identity theft. While your bank details can also be obtained through a credit or debit card, here are some ways to spot a scam targeting your financial security. All types of financial scams involve check fraud[..]
Free Business Checking
A typical checking account is handled through careful postings of deposits and withdrawals. In the same manner you have business checking and free business checking accounts. Business checks are used in much the same way as personal checks. You can use business checks to pay bills, track expenses, and keep receipts. However, there are several special concerns when choosing checks for your business. The business checks should reflect the design theme of the company and serve as a form of advertising. These checks should be personalized with the company's logo and contact information. All these are given because businesses often write more checks than personal account holders, so these[..]
Print Your Own Checks With a Good MICR Laser...
The "MICR laser printer" is becoming very popular. Businesses are discovering that they can save a substantial amount of money by printing their own checks on plain paper. However, to successfully do this, a business should have an MICR capable laser printer, an MICR toner cartridge, security paper and MICR check printing software. HP laser printers are by far the most popular. In fact, most of the current HP models are capable of MICR check printing. MICR toner cartridges are available from both HP. Many third party MICR toner suppliers manufacture compatible MICR toner cartridges at substantial savings. It would take many pages to review the possible MICR printers offered by HP. In[..]
The History Of Identity Theft
Identity theft is very much a modern crime that seems to be gaining more attention as more shopping is done online. The crime is costly to the financial organizations that often pick up the tab for the crime. They ultimately pass many of these costs on to their customers through increased fees and interest rates. However the most damaging affect must be on the victim of the crime, the person whose identity is stolen. Identity theft is the latest incarnation of stealing or thievery that has been with humanity since day one. If you reduce identity theft to it's simplest form it is not really that high tech or complex, but is simply stealing. Even though the Internet has increased the[..]
How Identity Theft Became A Risk
Identity theft is a major problem in this day and age. It hurts the creditors that have money owing to them as well as the people whose identities are stolen. Even the general public looses because of the extra fees and higher interest rates charged by the companies for money they loose. It's difficult to determine its origin but it's really just another form of thievery and that's been around forever. Is Identity Theft Creative or Just Stealing? At it's simplest, identity theft is just a form of stealing. It can actually be traced back before the internet. A recent movie called "Catch Me If You Can" portrays the life of a conman. He lived his life as someone else of various professions[..]
Know Your POS Systems, Hardware and Software...
The basic POS systems you may see on a typical retail establishment consists of a cash register (with or without a built in cash drawer), monitor, receipt printers, and an input device. It can also be a touch screen monitors, programmable keyboards, or scanners and handheld devices for inputting data into the POS system. Touch Screens: Many restaurants find touch screen monitors as more intuitive to use than keyboards, as it can reduce mistypes and can easily cancel orders within a second, and because it provides flexible user interfaces and programming. Touch screens also uses less electricity and much easier to position on the counter table, but they are more prone to breakdowns.[..]
The Insecurity of Your Social Security Number -...
When Cmdr. Gloria Christensen retired from the Navy at full disability due to a service-related head injury ten years ago, she thought the worst was over as she began to return to some normalcy of life. Without family members nearby, she asked for - and was granted - a custodian certified by the VA, to help her manage her financial affairs as she recovered. Now, a decade later, she has learned a bitter lesson that she wants other veterans to know: Someone can do tremendous - sometimes irreparable - damage to you, just by having access to your social security number. You see, while Christensen continued her recuperation, sustained financially by allotments from her tax-free disability[..]
Missouri Social Security Lawyers Warn Clients...
The Treasury Department, in conjunction with Comerica Bank based in Dallas, has created a social security Direct Express Debit MasterCard as an alternative to paper checks for those persons who do not have bank accounts. The debit card is now available in ten southern states, but is on its way toward the north and western states. Missouri social security lawyers are ready to answer clients’ questions regarding the pros and cons of using this free debit card that will be an option in the coming months. The Advantages of the Direct Express Debit MasterCard: - Will help about 4 million Americans who do not have a bank account, and must receive paper checks. - Will reduce the[..]
Bad Credit Checking Accounts With Guaranteed...
Having bad credit is self-perpetuating: the worse your credit score, the harder it can be to get out of debt, start paying your bills on time and turn your financial life around. Regardless of your credit score, one of the most important building blocks of having a normal, healthy financial life is to have your own checking account. If you have tried one or more times to get approved for a new checking account but have been rejected, you may believe that your credit score has something to do with your situation: it doesn't. The Anatomy of a Bank Account Rejection In reality, getting your checking account application rejected has nothing to do with your credit, or FICO, score. Rather, the[..]
Track Star Marion Jones Post Prison Interview...
As I sat down to watch the interview of former track star Marion Jones on the Oprah Winfrey Show I wanted to hear her side of the story. I was shocked along with the rest of the country when she admitted that she had lied to federal agents and she would be going to prison for the next six months. I thought she was a young, beautiful, talented athlete that would take the world by storm. And she did. The last time a track athlete had mesmerized me it was when Flo Jo, Florence Griffith Joyner was running. And it was like Marion Jones was the second coming. I watched her track meets, the Olympics, and read countless articles about her. She was a star. So as I watched her interview with[..]
Prevent Texting Or Emailing Mistakes
Texting, emailing, twittering-it's all the rage. But recently I got myself into trouble with a typed communication. Let's talk about communication. It's a process of exchanging information to share knowledge, express feelings, state our positions, or share our skills. However, communication is more than words. It's made up of verbal (words) and nonverbal (gestures, expressions, etc.) messages. Researchers in communication suggest that only 7% of a message is sent through words and the rest is all nonverbal expressions. A lot of the time it is what the person is not saying, their inflection, their gestures, their expression, their tone, and most importantly-your gut reaction to what[..]
When you apply for a new bank account, chances are the bank will do their own version of a credit check. They use a system called ChexSystem, developed by Chex Systems, Inc. The ChexSystems report basically tells the bank if you have a history of bouncing checks or leaving your previous banks holding the bag (leaving an outstanding balance). What does this mean to me? What it means to you is simple: if you mishandled your bank accounts in the past, and find yourself in the ChexSystems database, you could find it extremely difficult to open a bank account for quite some time. Basically, during the five years that the negative ChexSystems report stays in the database, you will probably be[..]
What Are Prize and Lottery Scams?
Lottery Scam is a form of advance fee fraud or money laundering. Every day thousands of false emails are sent to potential victims. You may be tempted to try out if the scam is real, but doing so can be dangerous. If you post any of your personal information, the scammer may collect it and in some later case will play YOU as his character. There is no need telling he will use your name for fraudulent activities. He may use your personal information to get jobs in your name. He may use it to steal from people and transfer the money into an account with your name. All your money may be used and gone if a scammer obtains sensitive information. During the procedure of a lottery scam you may[..]
The Pros and Cons of Debit Cards
Even if you write the check while waiting in line, it will take you forever to pay by check in most stores. They have to see your driver's license, write down all of your info, circle your address and then run it through the system. It isn't the store's fault. The need for all of the double-checking is caused by check fraud and identity theft. Many shoppers, myself included, have turned to debit cards. Debit cards aren't really like credit cards, they are an electronic check. But some banks are starting to offer frequent flier miles, rebates and cash rewards to regular debit card users. The lines are blurring for some consumers. When you shop with a debit card, you need to know how it[..]
How You Can Improve Cash Management
Cash flow has been called the lifeblood of business and it's easy to see why. Sure, sales and profits are important, but it's cash that keeps the wheels of your company turning. This makes effective cash flow management one of the most important tasks for any business owner. Understanding the basic concepts of cash flow and how to use cash management tools offered by commercial banks can help your business gain a competitive edge. It Starts With Collections Cash management can be divided into three primary components: collections, disbursements and information reporting. For most businesses, better cash management starts with more efficient and timely collections. A lockbox is one of the[..]
How Your Identity Is Stolen Identity theft is a serious problem that plagues everyone from businesses to individual wage earners. It can ruin your credit score, wipe out your bank account, and leave you in a mountain of debt. When someone steals your identity, you may even find your name on a list of wanted felons. The best way to protect yourself from identity theft is by knowing the ways in which it can occur. Having this knowledge will help you take steps to prevent criminals form getting their hands on your personal information. Online Phishing Scams One way criminals can obtain your personal information is by using phishing scams. Phishing scams will send out e-mails from what[..]
The Payroll Card - What it Means to the...
Traditionally, a payroll covers functions of dispensing monetary benefits through wages, tax withholdings, deductions and rewards. It is a vital financial record for any company's accounts and is subject to the national and state laws. It is also vital to good employee relations, since the timely and accurate remission of their livelihood is naturally dear to employees. Once again, traditionally, these financial transactions are remitted to the employee via paycheck or a pay slip. No longer, though. More and more companies are turning to a more efficient and cost effective solution for both company and employee. Payroll cards are handy little plastic cards similar in nature and manner to[..]
I have been struck many times that it is because of the term 'FRAUD' which is not easily or correctly defined to the larger society that makes it be responsible for the decay of our societies these days. Most cultures and all sane religions preach the commandments: "There is only one God, Do not commit adultery, Do not lie, Do not steal, Do not covet, Do not kill, Respect elders (mother and father), etc". Seldom do we contemplate that because fraud is considered a smart procedure, it is left out of societal, cultural and religious laws, statute, rules, regulations and commandments. In addition, that this could be responsible for societal decay and most of our problems. In the Bible,[..]
How to Set Up an In-House "No Credit Check...
This is a great system that is perfect for small businesses. I have personally seen this program generate 25%-%40 increase in sales just by telling people you offer "No Credit Check Financing". This article will show you step by step the way to set it up and many ideas dealing with advertising the plan. LEGAL DISCLAIMER When implementing the concept discussed in this article, Customized Concepts does not inherit the responsibility of the loans being paid back, of legal issues, or of anything that results from the use of this information. The legal disclaimer is a must. We do offer a "90 Day Financing Plan" that is guaranteed. We take care of the details and the risk. There is no risk to[..]
Payday Lending And Predatory Lending Practices
day lending is a controversial practice and faces both legal battles and public perception challenges in nearly every place where it is practiced. An early day motion criticizing the payday lending market for high APRs and for locking customers into a "cycle of credit dependency"; it also noted the growth of Dollar Financial, a US-based payday lending company trading as Moneyshop in the UK, and called for a public inquiry into the growth of high cost lending in general and payday lending in particular. Exploiting Financial Hardship for Profit Critics[who?] blame payday lenders for exploiting people's financial hardship for profit. They say lenders target the young and the poor,[..]
ATM Fraud and Security Digest - July 2009
ATM Fraud and Security Digest - July 2009 Explosive Attacks South Africa reported a reduction in ATM explosive attacks in July, attributed to successful intelligence-led policing. Reports of a bank fitting pepper spray to ATMs as a defence against both ATM bombings and ATM skimming attracted much media interest. Also in South Africa, a criminal linked to ATM bombings was sentenced to 74 years. In Australia, there were at least two failed attempts to use explosive gas to blow up ATMs in July. In one incident, the perpetrator did not seem to know how to use a blowtorch correctly. The theft of a quantity of gas in July was feared to be a precursor to future explosive gas attacks.[..]
Cash Money to E-money
CASH MONEY TO E-MONEY Electronic money or better known as e-money is the modern form of money in which all monetary transactions are made electronically. Piles of currency notes are replaced by tiny smart cards, which not only provide us money but provide a lot of services. Concept of e-money is too young but it’s versatility and reliability has made it big hit. Computer has revolutionized human life. Use of internet opened new dimensions in computer use. Today it is being used in every field, in every part of world. E-money ultimately works similar to paper money without the risks and inconvenience, which may occur with cash money. Unlike cash money, it can pass immediately between[..]
Identity Theft Protection - Checking Account...
If you have a bank account, chances are you have checks. Checks can make it easier for us to do our business transactions on a daily basis. There are many people that use checks everyday and do not even realize that what they are doing is not safe. There are ways to protect you from check identity theft with a few simple procedures. Many people like to order their checks through the mail. They may get a discount on them and they can get nice designs instead of the plain ones that the bank carries. However some do not feel safe ordering checks anywhere other than their bank. Usually ordering from one of the check companies that are legitimate is safe. You will notice that they have[..]
Most Popular MICR Printers
MICR printer is probably one of the most unpopular, yet one of the most used among printers. Usually used to print checks in banks, a magnetic printer ink character recognition check printer or MICR printer is designed with a special printer ink and character that can only be read through a special hi-speed scanner, which then translates the magnetic content to understandable information through the use of a printer ink or toner composed of iron oxide. Before we browse through the most recognized MICR printers in the market, let us first skim through the different advantages and disadvantages of MICR technology. Advantages of Using MICR Using a MICR printer has a lot of advantages. Here[..]
A new bank account ought to be something that every person - teenager, adult or senior citizen should be able to get. After all, banking is a pretty simple proposition: you give the bank your money to hold for a while to do with it as they please. Meanwhile, anytime you need to pay a bill online, withdraw some cash at the ATM, or check your balance, you can access your account and make it happen. Pretty simple, right? Well, if it is so simple, then why do people everyday get rejected for a new bank account? Most people assume it is because they have a poor credit score. The truth is, that is never the reason. Why People Get Rejected Every Day for New Bank Accounts The real reason people[..]
4 Simple Check Writing Safety Tips
If you are new to check writing, then listen up. Though it's not the most difficult thing in the world, safely writing a check is something that everyone needs to know before it is all said and done. Use Ink, Never Lead Writing a check with a pencil leaves you at a huge risk of fraud. Someone could erase what you have written and simply fill in the blanks with how much money they'd like to receive. To keep from handing out blank checks to people, use some sort of ink. Though most people would say that a pen is good enough, it is best to use a permanent marker if at all possible. This is important because there have been instances where people have engaged in "check washing", a process[..]
Laser Check Printing Software
Many financial institutions, insurers and payroll companies to avoid fraud, save money and for convenience, have integrated check-printing software. Laser check printing software gives a fast, easy and secure method of printing checks. It is a complete payment software solution that delivers the benefits of the present electronic payment and remittance options. This software has efficiently modernized the laser printing process. It can be constructed in a manner that prevents fraud by having control of the check-generation process. Laser check printing software is usually compatible with all financial management systems and legacy system data. The software tends to eliminate the cost of[..]
Why Do We Need MICR Toner Cartridges?
MICR toners are special. Unlike regular toner cartridges used for most printing jobs, MICR toner cartridges contain magnetic components, particularly iron oxide. MICR actually stands for magnetic ink character recognition, and the magnetic components in them allow printouts using them to be read by special reading machines. Printing with MICR responds to a certain need. This need is most prevalent in the banking industry, where MICR cartridges are used to print out checks. Other industries, such as airlines, insurances and events ticketing, have come to benefit a lot from using magnetic toner as well. What makes MICR toners so special and why do we need them? Below are a few reasons why[..]
Tip For No-Credit-Check Checking Accounts -...
A checking account is something that everybody needs. Whether you have a steady job, receive monthly checks from a pension, or just earn money periodically, you need a safe place to put your money when you are not spending it. In addition, you need access to your cash when you want to withdraw it. You need a bank to issue checks in your name so that you can pay your bills. And, it doesn't hurt to earn interest on that money, either. Reason for Getting Rejected for a New Checking Account Theoretically, it should be as easy as cake to get a new checking account. After all, when you do so you are basically giving some lucky bank the permission to hold your money for you (which they can use[..]
- API Software Interface. Rolling out RDC is easy with quick integration with existing software. - Multi-function platform. Check21-RDC, ACH, credit/debit card processing can all accommodated on the same platform. - Banking Independence. Customers can use any financial institution desired as a depository account for the ultimate in flexibility. No new bank accounts are required. If the customer wishes to change banks at any time, continuity of RDC clearing (and smooth operations for customers) is assured. - Online check image archives. Easy search and retrieve for any image transaction. All checks are archived online for fast and easy access[..]
4 Factors to Consider When Selecting a...
If you keep the following four points in mind when reviewing possible financial services software solutions for your business; you will be well on your way to a successful business venture. Good luck! How does it help you to 'know your customer'? Quickly and accurately identifying customers is critical. Customer verification is essential for fraud prevention. Choose a solution that captures and tracks the critical customer information, so you can find them if there is a problem with their transaction (and hopefully get reimbursed). You ONLY have potential recourse on returned checks when you are confident that you know your customer and have their information. A great way to capture;[..]
The Importance of MICR Toner For Business Check...
The MICR toner cartridge is used in printing checks in such a way as to prevent fraud. How is this done? The toner inside the cartridge is formulated with a special type of magnetic iron oxide which in turn causes the characters that are printed on the paper to emit a unique magnetic signal. These signals are then read by a machine that reads and sorts checks or other documents that have characters printed with this ink as a security measure. The acronym MICR stands for magnetic ink character recognition. Printing with this sort of ink answers a need for ensuring accuracy, speed in processing, and security. This need is found especially in the banking industry, but is also used in the[..]
Credit Monitoring Does Not Protect Your Identity
We've all clicked on the banners, heard the radio ads and seen the commercials for companies that say by "monitoring" your credit, they'll protect your identity. Don't buy it. Not for one second. 9/10 of these companies do nothing that you can't do yourself for free. They also do nothing to stop identity theft's new face. See, 80 percent of identity fraud today is synthetic ID fraud or "ID cloning". The ID thieves take only your SSN and through a variety of clever methods, create a brand new person. Here's the problem: Since the only identifier that matches you is the SSN, this type of fraud usually won't show up on your credit report. And if the fraud is not financial? It won't show up[..]
It sounds like a no-brainer. You receive your credit card in the mail, along with a note that tells you, among other things, to sign the back of your credit card immediately. Lately, people have seriously questioned this course of action, pointing out that if your card is stolen, a thief then has a perfect copy of your signature to duplicate. Instead, say many, in the space for your signature on a credit card, you should write 'Ask for Photo I.D.' It sounds like good advice. But what do the experts have to say? According to all three major credit card companies - Visa, Master Card and American Express, the answer is - sign your credit card immediately. In fact, all of them have rules[..]
Security: Fraud
> Fraud is rampant on the internet. It is everywhere that you look. When youare lurking in newsgroups you will find hundreds of messages inviting you tospend money here, there and everywhere. You'll get email demanding yourtime, attention, and, of course, money for something. Surfing the web willturn up many sites with some incredible offers which, of course, just happento require your credit card number - but don't worry, they "just need it tovalidate your age" (or whatever) - DON'T GIVE THEM YOUR CREDIT CARD NUMBER UNLESS YOU ABSOLUTELY KNOW IT'S SAFE. The web is a media of communication. It allows everyone to communicate withanyone for the price of a computer, phone line and internet[..]
Security of eCommerce Websites is Crucial to...
Any business that accepts credit card (CC) payments is in danger from credit card fraudsters and hackers. Most brick and mortar establishments acknowledge this danger and have restructured their credit card processing systems to incorporate secure technologies and protocol. eCommerce websites also face the risk of being robbed by criminals. They must protect the business and its customers by complying with industry best practices for secure credit card transactions and federal regulations. Risks faced by eCommerce websiteseCommerce website owners can be targets of various kinds of credit card fraud. Some of these may be so stealthy that their effect will not be immediately noticeable in[..]
A credit card swipe machine is a fundamental part of any retail or service based business. With consumers expecting easy ways to pay for their merchandise or services, you need to be able to provide them with a quick, dependable method of payment. Debit cards are held by many people across the world. This is an advantage that your business can take advantage of. However, before you can make use of a credit card machine, you need to make certain that your business is set up for it. There is more to using these machines than purchasing one and plugging it in. You need to have the proper accounts and lines to make it work. The standard credit card swipe machine talks to the owning bank of[..]
CIFAS, the fraud prevention service in the UK, have conducted a recent study which has shown that cases of fraud are rose in number in 2009. The economic decline could be the cause of many more people becoming inclined to commit fraudulent offences. Bank account fraud, it has been revealed in the study, has risen by a whole 10%: 80,105 cases were reported in 2009 compared to 72,988 the year before. Conversely, the figures also show that plastic card fraud cases are bizarrely going in the other direction and decreasing. In marked contrast to the other figures, fraud involving plastic had actually declined since 2008. Credit card figures dropped by 9.98%, almost the same figure which bank[..]
Credit Card Processors - Top Tips on Choosing...
A business that selects a credit card processing (CCP) agency, solely because of its cheap processing rates, is making a grave mistake. Processing fee is only a small part of the complete CCP solution you buy from the provider. You must evaluate the other services offered by a merchant account provider before signing it on. Follow these guidelines to assess a credit card processor: Verify the customer care service A business may need the help of customer care often in the initial days of using the point-of-sale terminals and installed software. It is important that customer care personnel respond without delay, or you may lose the sale. A credit card (CC) processor that has 24x7 customer[..]