Payments

Wendy’s Confirms Data Breach at More than 1,000 Locations

The fast-food chain Wendy’s yesterday confirmed that 1,025 locations -- nearly 20 percent of U.S. stores -- were part of a major data breach that ran for up to several months in which cyber criminals infected card terminals with malware to steal debit and credit card data.

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ABA, FS-ISAC Issue Statement on SWIFT Compromises

In response to recent high-profile compromised communications sent through the SWIFT communications network, ABA -- together with the Financial Services Information Sharing and Analysis Center and other financial groups -- today issued a statement with insight and analysis on the incidents, as well as recommendations for mitigating cyber risks.

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What’s Next to Leave the Branch?

With fewer and fewer customers coming into the branch to deposit a check or to check their balance or to see their recent transactions, what will be next to leave the branch?

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ABA, Trades Support Durbin Repeal

ABA and several other trade groups wrote to House leaders yesterday in support of H.R. 5496, introduced by Rep. Randy Neugebauer (R-Texas) to repeal the interchange fee price controls imposed by the Durbin amendment.

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