The breach, which reportedly involved the theft of mag stripe data, will have a significant impact on credit unions and members.
The Nilson Report, a noted payments industry newsletter, reported Nov. 11 that debit cards lost purchase volume and transaction ground to credit cards in 2012.
Trend reversal occurred in 2012, according to the Nilson Report.
CardHub.com lists Best Travel Cards of 2013, says don't bother with EMV cards.
Credit use focus of upgraded reporting capability.
A new study finds that cardholders between the ages of 40 and 44 are 12% more likely to go seriously delinquent on a credit card than a cardholder age 19.
Credit cardholders who routinely pay only their monthly minimums present double the credit risk as those who pay more, even if only slightly more, according to a new study.
Credit reporting firm TransUnion reported Aug. 13 that the ratio of credit card accounts that are more than 90 days past due dropped to 0.57% in the second quarter of 2013, down from 0.63% in the second quarter of 2012. That 0.57% is only one basis point from the all-time...
CUNA Lending Council white paper looks at regaining portfolio for goods now largely financed by credit cards.
Second-quarter 90-day delinquent rate only one basis point from all-time record, credit bureau says.