weekly monthly daily location clock-3 calendar ticket vimeo coffee net shield office travel piggy bicycle home map comment medal timer chat glasses add chevron-right chevron-left rss download email-square clock-2 date date-2 monitor copy-file file folder video cash-square angle-left phone-square id-square edit-square gleam-square check pin like2 target quote-open network-square clock-square flag-square config-square map-marker-square browser-square global-square plug-square pen-square mail-square mail portfolio-square user-square angle-down-circle users note2 key credit-square credit angle-up-circle gleam user-group id edit phone angle-right close-circle close facebook google-plus linkedin loupe menu twitter youtube user-group-square Skip to Content
Close

Contact iovation

Survey: Average card APR remains unchanged at 15.19 percent

Average rates on new credit card offers stayed put this week, according to the CreditCards.com Weekly Credit Card Rate Report. None of the cards tracked by CreditCards.com advertised new interest rates. As a result, the national average annual percentage rate (APR) remained at 15.19 percent for the fourth consecutive week. Most card issuers left promotional APRs, such as 0 percent balance transfer offers and 0 percent purchase rates, unchanged as well.

CNP Report Audio Podcast Thurs. May 12, 2016

Card-not-present fraud losses in the U.S. will reach $7.2 billion annually by the end of 2020 and account takeover fraud will generate another $1 billion in losses, according to a new report. As its name implies, EMV: Issuance Trajectory and Impact on Account Takeover and CNP postulates that the ongoing issuance of chip-enabled payment cards in the U.S. will have a significant impact on both CNP fraud and account takeover fraud as criminals look for easier ways to monetize stolen data.

Those Chip Cards Have a Long Way to Go

My wallet now hides three different computers. But what’s more intriguing—or perplexing or annoying—is how rarely I use the tiny chips in my three principal credit cards that can confirm purchases via an encrypted exchange of data with credit-card terminals in stores. More than six months after a long-heralded milestone that was supposed to make “EMV” a core part of paying with plastic, most of my transactions still entail swiping the card’s magnetic stripe instead of dipping its chip into a point-of-sale terminal.

Page 1 of 43

Close

Get a Demo

Take your fraud prevention to the next level.

Your browser is out-of-date!

Update your browser to view this website correctly. Update my browser now

×