U.S. banks are issuing replacement credit cards to consumers that contain a microchip designed to make cards harder to counterfeit and use in stores. Those chips cards won't stoponline fraud, because computers lack chip card readers. All of this means that leading criminals will likely attempt more fraud on the web. According to The Nilson...

Former JPMorgan Chase (JPM) employee Linda Almonte, who is suing the bank for wrongful termination, has also filed an SEC whistleblower complaint saying that Chase is engaged in illegal practices including robo-signing and selling hundreds of millions of credit card accounts to third party buyers when the execs knew that many of these accounts...