In advance of Monday's Senate Banking Committee hearing on data security, bank and credit union trades urge action on issue.
Trials of T-Mobile's new banking services show appeal to pre-paid, post-paid consumers.
Georgia Democrat Hank Johnson said he would support an "oversight investigatory hearing to probe into that matter."
Bipartisan legislation would require entities, including financial institutions, retailers and federal agencies, to investigate breaches and inform consumers.
Data security bill, sponsored by Sen. Patrick Leahy (D-Vt.), includes criminal penalties for those who conceal a breach.
Police Officers' Credit Union Association has five credit unions on its executive committee.
Credit union industry health declined during the third quarter of 2013, according to the latest Glatt Consulting Credit Union Industry HealthScore report, released Dec. 4.
In this Opinion piece, the Password Guy advises: Eliminate them if you can. Manage the ones that won't go away.
Glatt Consulting Industry HealthScore cites flagging asset and membership growth, lower earnings, efficiencies.
Virtual currency topic of Homeland Security committee session next Monday.