Fed: Debit Fraud Costs Jump 44 Percent in Two Years
Debit card-related fraud losses to merchants, cardholders and issuers rose from 2013 by 44 percent, reaching $2.41 billion in 2015, ...
Tag: Debit cards
Fed Q&A Interprets Durbin Amendment Routing on EMV
Under the Durbin Amendment, card networks cannot require merchants to allow debit cardholders to choose EMV chip application when one ...
Credit Cards, Online Bill Pay Increase Shares of Payments
Credit cards and online bill pay increased their shares of all payments, according to results from the Federal Reserve Bank ...
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 ...
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 ...
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 ...
Using Card-Linked Rewards for an Edge
By Monica Meinert
Card-Linked Rewards Give Banks a Competitive Edge
Banks find synergies in promoting local merchants, delighting their customers and boosting debit card profitability.
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 ...
ABA Endorses Rippleshot for Card Breach Detection Tool
ABA -- through its Corporation for American Banking subsidiary -- announced today that it has endorsed Rippleshot’s automated card compromise ...
