Credit Card Signing Ends in 2015

    A customer swipes a credit card at a gas pump at a Phillips 66 gas station in Centennial, Colorado June 26, 2006. The gasoline at the station comes from the nearby Suncor Energy refinery. REUTERS/Rick Wilking - RTR1FHVY

    Rick Wilking/Reuters

    No one wants your autograph anymore. MasterCard and Visa have announced that they'll be phasing out the swipe-and-sign credit card practice by late next year. Instead, customers will enter a PIN number. The U.S. is home to around one quarter of all credit-card transactions but half the world's credit card fraud, due in part to the signing system.

    Read it at The Wall Street Journal