How to go about securing the best rate and plan for your credit card in Canada.
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How credit-card companies can fight online scams: Roseman + MORE Dec 20th
Free-trial trick has roped in plenty of victims; it’s time card issuers did more to protect their customers’ interests..... More »
The hard and fast rules of hard inquiries + MORE Mar 25th
A group of experts explain exactly how credit bureaus’ take hard inquiries in account when you apply for credit.... More »
Now live: Aeroplan partnership with Parkland Fuels JOURNIE Rewards + MORE Nov 15th
The long awaited partnership between Air Canada’s Aeroplan and Parkland Fuel’s JOURNIE Rewards is here! As of today, Aeroplan members can earn and redeem points at over 1,100 Ultramar, Chevron, Pioneer, Fas Gas, ON the RUN and Marché Express locations Canada-wide. Earning and redeeming .... More »
June 15 Update: New Amex offer for goodfood, Fairmont Stay Close extended for Canadian mountain resorts and Flair & Swoop's summer flight schedules + MORE Jun 15th
Yet another excellent Amex offer came out today - this one is for the prepared meal service goodfood and provides a $20 statement credit when you spend $80 or more. Rewards Canada contributor Jeff W. let us know he got it on his Marriott Bonvoy card while in the Rewards Canada household we got i.... More »
New Scotia Momentum VISA Infinite card first year free offer + MORE May 1st
Up until yesterday if you grabbed the Scotia MomentumVISA Infinite card the sign up bonus was 5% cash back on purchases made in the first three months. A great deal for those who could spend lots on the card as it came with the $99 annual fee. The new offer that launches today see the 5% disappear s.... More »
Wave of identity thefts forces South Korea to overhaul national ID system
– canadianbusiness.com
SEOUL, South Korea – After an avalanche of data breaches, South Korea’s national identity card system has been raided so thoroughly by thieves that the government says it might have to issue new ID numbers to every citizen over 17 at a possible cost of billions of dollars.
The admission is an embarrassment for a society that prides itself on its high-tech skills and has some of the fastest Internet access.
The issue came to a head after 20 million people including the president, Park Geun-hye, were victims of a data theft at three credit card companies. Park acknowledged in January change was needed and ordered a study of possible options. A decision is due later this year.
Rebuilding the system and tightening security could take up to a decade, according to Kilnam Chon, a researcher known as the “Father of the Korean Internet” for his pioneering work in online technology in the 1980s.
“The problems have grown to a point where finding a way to completely solve them looks unlikely,” said Chon…
The admission is an embarrassment for a society that prides itself on its high-tech skills and has some of the fastest Internet access.
The issue came to a head after 20 million people including the president, Park Geun-hye, were victims of a data theft at three credit card companies. Park acknowledged in January change was needed and ordered a study of possible options. A decision is due later this year.
Rebuilding the system and tightening security could take up to a decade, according to Kilnam Chon, a researcher known as the “Father of the Korean Internet” for his pioneering work in online technology in the 1980s.
“The problems have grown to a point where finding a way to completely solve them looks unlikely,” said Chon…
Should my business take credit but refuse debit cards?
– creditcards.com
Small businesses running subscription-type services may find debit and prepaid cards a hassle. But think carefully before refusing to accept them
