Editorial commentary on current issues from CU Times' editorial staff and correspondents.
Ingenico Group reports 54% of consumers favor mag stripe cards, with some citing better security.
CUNA, NAFCU and bank trade associations fire off a letter to leaders on Capitol Hill countering what they say are false retailer claims about data breaches.
For years, banks have issued fraud-prone mag stripe cards, putting information at risk, the letter from the National Retail Federation said.
Card brand joins rival Visa in planning EMV technology adoption for U.S. cards.