Visa: EMV-Enabled Merchants Seeing Just Half of Previous Fraud
A year after the liability shift for card fraud based on readiness for chip card or EMV capability, merchants that...
Payments
CFPB, AmEx Study Finds Savings Incentives Effective
Providing small financial incentives to save can lead to lasting savings habits, according to a study of American Express prepaid...
ABA Op-Ed: EMV Adoption Has Made Consumers Safer
American consumers are safer today than they were one year ago thanks to the swift adoption of EMV technology, ABA...
NACHA Launches Same Day ACH
NACHA today launched Phase 1 of its same-day ACH initiative, which allows for the sending and receiving of ACH credit...
BAFT Publishes FATF Guidance for Wire Transfers
BAFT -- ABA’s global transaction banking subsidiary -- today released guidance and best practices related to the Financial Action Task...
DoJ Official Calls for National Breach Notification Standard
John Carlin, assistant attorney general for national security, today called for a federal-level law setting notification requirements after consumer data...
Data Theft Damages: Who Pays?
When it comes to data breaches, the hack of the archaic Myspace—the failed social media platform that was rendered obsolete...
Survey: Despite Card Fraud, Consumers Satisfied with Resolution
While nearly half of U.S. consumers believe they will experience credit or debit card fraud in the next five years...
Credit Card Market Expands in First Quarter
New credit card accounts rose 13 percent year-on-year in the first quarter of 2016 to total 83.5 million, according to...
Boston Fed: Target Breach Triggered No Change in Debit Card Use
Following the Target data breach of 40 million credit and debit card accounts in late 2013, there was little to...
