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 ...

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.

Mastercard has announced it will be phasing out the magnetic stripe on its payment cards in "most markets" from 2024 as reliance on chip-based and contactless payments continues to grow. The company ...

Apple Card will start to change by 2027. Mastercard announced it’s “swiping left” on magnetic stripes after decades of supporting this technology. “The shift away from the magnetic stripe points to ...

[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 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.

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. An early 1960s innovation largely credited to IBM, the ...

Eventually, one day, your fancy physical titanium Apple Card will no longer have a magnetic stripe. If you’re familiar with the headache of putting it through the wrong way the first time since the ...

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 ...

First, we said goodbye to the floppy disk drive. Then, the Sony Walkman was unceremoniously buried. Now, it's time to prepare a eulogy to a gadget that's been an even bigger part of the American ...

After building a USB magnetic stripe reader, [David Cranor] has found a way to fool a magnetic stripe reader using a hand-wound electromagnet and an iPod. The data on a card is read and stored on a ...

Green circle #1 labels the Magnetic stripe]] A magnetic stripe card is a type of card capable of storing data by modifying the magnetism of tiny iron-based magnetic particles on a band of magnetic ...