News

New `blink' card concerns critics

January 29, 2006

Orlando Sentinel: JPMorgan Chase's new high-tech charge card, just introduced in Orlando, is taking heat from consumer advocates who think the technology makes card fraud easier.

"I consider what Chase is doing irresponsible on many levels," said Beth Givens, director of the Privacy Rights Clearinghouse, a San Diego-based watchdog group. "The fact is they are adopting and promoting a technology that could actually exacerbate fraud."

Chase says that's not true, countering that its nationwide anti-fraud system can detect and curtail the misuse of blink cards as quickly as fraud involving regular credit cards.

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