161–170 of 367 posts
Because this service draws directly from your bank account, and takes what would otherwise be your rewards from the credit card fees their banking partners charge, it provides a nice business model for them at the cost of you getting 0% rewards back. Not worth it, in my opinion.
I signed up for this. Sadly, it is not what I thought it was and the website does not make it very clear. Basically, this is for online purchases only. To make matters a bit worse, it wants to connect to your real bank account. What we need here is a physical credit card that I can use in the real-world that has a new number on each swipe. Most of my historical fraud has happened because I probably swiped my card at…
Not only is it more secure but it also helps protect your privacy against retailers that use your card number to track your purchases across their brands.
Is that something that new? My bank (Itaú, in Brazil) offers this option for some time now. Here(in portuguese): https://www.itau.com.br/cartoes/cartao-virtual/ Or am I missing something? Edit: They launched it in 2002: http://exame2.com.br/mobile/tecnologia/noticias/itau-agora-t... Edit2: Sounds new in the US. This is not supposed to be a bragging/snarky comment. Just genuinely surprised as innovation usually come t…
I've been curious as to why the following strategy wouldn't work as a hack as well: * Your credit card has a balance of $0 on it * You have some app that allows $NAME to deduct $X from it * You transfer $X to it earmarked for $NAME for some limited amount of time. I.e. you could walk into Starbucks, have an app on your phone to say you're depositing $20 into an account earmarked for /starbucks/i for 30 minutes.
One issue would be that the merchant name doesn't always line up nicely to where you are. For example, a local Burger King shows up as something like, "Hidden Rocks, LLC" instead of "Burger King" or even "HiddenRocksLLC/BurgerKing."
It wouldn't take that many customers to ask before the guy behind the counter at "Corner Cafe Market" would be able to give you "Culinary Drinkware Inc." as their merchant name offhand.
Hey HN - Privacy.com co-founder here. I'm really excited to share what we've been working on for the past year and a half or so. We've been neck-deep in payments stuff on the card issuing side (getting a BIN sponsor, ACH origination, etc), so happy to answer any questions on that front as well. P.S. For new users, your first $5 donation to watsi.org is on us :)
Earlier quoted context omitted.
Not everyone does. And anyway it's owned by Intuit which has a much longer track record than this new company, so it's not the same thing.
This Intuit? http://krebsonsecurity.com/2015/02/turbotaxs-anti-fraud-effo...
At first I was really really excited. This is something I've wanted for months if not years. Then they asked for my bank username and password.
I've always wondered about the business side of that...where does the money come from, how is individual debt handled. Do you operate collections? How do you do this without requiring a credit check? etc..
Is that something that new? My bank (Itaú, in Brazil) offers this option for some time now. Here(in portuguese): https://www.itau.com.br/cartoes/cartao-virtual/ Or am I missing something? Edit: They launched it in 2002: http://exame2.com.br/mobile/tecnologia/noticias/itau-agora-t... Edit2: Sounds new in the US. This is not supposed to be a bragging/snarky comment. Just genuinely surprised as innovation usually come t…