Target, MasterCard, attorneys for plaintiff issuers and NAFCU speak out on the failed settlement.
The required 90% of plaintiff issuers did not agree to the terms.
Financial institutions’ loss in court could intensify the fight to force retailers to shoulder more data breach costs.
Although Judge Paul Magnuson agrees the settlement isn't fair, a lack of class action status makes it legal.
In this age of breaches, tokenization may provide consumers with peace of mind.
While Apple Pay preserves existing payment systems, CurrentC aims to avoid interchange.
The $2.7B Tower FCU brings in $5.6 million in balance transfers using a recapture program.
Members of large and small credit unions are being hit with new text fraud.
NEW YORK—Presenters at Finovate NYC's second day offered better execution of existing strategies.
U.S. District Court Judge John Gleeson ruled July 18 that retailers unhappy with the settlement of a credit card interchange civil suit may continue with a new legal proceeding against major card brands.