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.
Converting the nation’s millions of cards, processing terminals and banking systems to EMV may take as long as a decade or more.
Change is in the cards, literally. Europay, MasterCard and Visa technology is coming to the United States and bringing with it a host of benefits for cardholders and issuers, including enhanced security and international compatibility.
NAFCU poll finds credit unions spending an average of $165,000 each on card fraud prevention in 2010.