Browsing: Credit cards

Cybersecurity

While nearly half of U.S. consumers believe they will experience credit or debit card fraud in the next five years — and 42 percent have personally experienced it — victims of fraud are universally satisfied with the way their bank resolved the situation, according to a recent survey.

Cybersecurity

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.

Legal

An appellate court today rejected the settlement in which Visa, MasterCard and credit card-issuing major banks agreed to pay $6.05 billion to settle a long-running lawsuit by retailers alleging the violation of antitrust laws in setting credit card interchange fees.

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