Holiday Inn Parent Confirms Data Breach at Nearly 1,200 Hotels
InterContinental Hotels Group has confirmed that front desk payment terminals in at least 1,181 hotel locations nationwide were breached last fall.
InterContinental Hotels Group has confirmed that front desk payment terminals in at least 1,181 hotel locations nationwide were breached last fall.
Electronic ACH payment transaction volume grew by 5.3 percent in last year, reaching 25.6 billion transactions, according to a report today from NACHA, the electronic payments association.
The first broad-scale academic assessment of new financial rules and standards put in place during the Obama presidency — including the Dodd-Frank Act, Basel III and the CARD Act — finds “causes for concern” about the impact of the rules on growth, credit availability and competition.
Behind the hype for the ‘cashless society,’ bankers weigh the pros and cons of going without greenbacks.
Small merchants place a higher value on the services they get when accessing the payments system than on paying a low interchange rate, according to a recent survey.
Noting that numerous compliance challenges remain, ABA today welcomed the Consumer Financial Protection Bureau’s proposal to delay the implementation of its final rule on prepaid products for six months.
Billing disputes account for 17 percent of consumer complaints about credit cards, with identity theft and fraud concerns accounting for an additional 10 percent, according to the Consumer Financial Protection Bureau’s periodic summary of consumer complaints today.
The Consumer Financial Protection Bureau has released a plan to assess the effectiveness of its final rule governing remittance transfers.