The required 90% of plaintiff issuers did not agree to the terms.
Although Judge Paul Magnuson agrees the settlement isn't fair, a lack of class action status makes it legal.
MasterCard deal worth $19M doesn't come close to covering actual breach losses, say bank and credit union plaintiffs.
CUNA and retail association swap charges about who is to blame for low payment security.
National fast food chain says it first heard of unusual activity involving payment cards on Dec. 19.
Judge says consumer suit can proceed because victims suffered actual losses.
Three of four allegations in a class action suit filed by financial institutions against Target can proceed.
Website makes it easy for consumers to send messages to Congress urging tougher security standards for retailers.
Credit unions saw 16% of their cards hit by fraud in 2013, compared to 12% for community banks and 14% for large banks.
The restaurant chain is the latest retailer to suffer a card breach, according to security blogger Brian Krebs.