More than $67-million in losses were suffered by Visa Debit card issuers during the first half of 2002, according to
The average U.S. cost for all types of fraud is $95 per affected debit card. Counterfeit costs average about $135 per card and
ATM & Debit News is published by Thomson Media, parent to The Credit Union Journal. For more info: www.cardforum.com.
An independent examination of the Federal Deposit Insurance Corp. workplace culture revealed an atmosphere of sexual harassment, discrimination and misconduct at the agency and raised the need for significant reforms.
Cybersecurity leaders for Visa, Deluxe and Fiserv said powerful cloud players have been unresponsive to their requests to monitor the vendors' security postures.
The full House is scheduled to vote Wednesday on a Congressional Review Act resolution that would overturn a staff accounting bulletin from the Securities and Exchange Commission. Banks argue that the guidance would effectively cut them out of the crypto custody business.
Thousands of consumers had to wait more than 90 days for funds after their accounts were suddenly closed, according to the Consumer Financial Protection Bureau.
Katherine Weislogel's career began by being in the right place at the right time.
By training a core payment card fraud-detection platform on more than 15 billion transactions, the card network is honing the accuracy of warnings sent to issuers about suspicious purchases.
