Posts Tagged: chip

The fight over health coverage for children, pregnant women

A child has her ear inspected by a doctor using an otoscope. (Photo: Andrew_Popov)

by LISA RENNER posted 11.14.2017

Health insurance coverage for 1.3 million California children and pregnant women is at risk because of Congress’ delay in extending the Children’s Health Insurance Program. While the House recently approved a bill to extend the program for five years, the bill still needs approval by the Senate and a fight is expected about how to pay for the extension.

Old credit card technology is fraud-prone

A credit card equipped with a chip. (Photo: Petratiu, via Shutterstock)

by MICHAEL BUSTAMANTE posted 08.14.2015

Consumers are increasingly using credit and debit cards to transact purchases, from lattes to electronics. Unfortunately with that evolution comes financial fraud. As a victim of credit card fraud I can speak firsthand about the ensuing difficulties, even with financial institutions willing to help. Currently, the United States is the only major economic power in the world that still uses outdated magnetic stripe cards coupled with a faulty signature verification process.