Forrest Parry holds his credit card, left, and a prototype of the identification card with an embedded magnetic stripe that he invented for the CIA in 1958 while working for IBM.  The stripes are still used in American credit cards. This photo was taken in 1997 at Parry’s home in St. George, Utah. He is now deceased.
Forrest Parry holds his credit card, left, and a prototype of the identification card with an embedded magnetic stripe that he invented for the CIA in 1958 while working for IBM. The stripes are still used in American credit cards. This photo was taken in 1997 at Parry’s home in St. George, Utah. He is now deceased. The Spectrum
Forrest Parry holds his credit card, left, and a prototype of the identification card with an embedded magnetic stripe that he invented for the CIA in 1958 while working for IBM. The stripes are still used in American credit cards. This photo was taken in 1997 at Parry’s home in St. George, Utah. He is now deceased. The Spectrum

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August 20, 2014 12:00 AM

Neal B. Custer: Safer credit cards are coming, but fraud will endure

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