News

According to a report in Business Week on March 13 another card brand, one that is aimed at helping subprime consumers and tapping into retailers' anger over interchange, is in the offing.

Credit unions and other financial institutions cannot and should not treat all data security breaches as the same or as having the same risk, according to Bruce Hansen, CEO of ID Analytics, a data security firm.

Enterprise Car Sales helped the Children's Miracle Network of St. Louis raise nearly $400,000 during CMN's recent Radiothon event, sponsored by St. Louis radio station KEZK 102.5.

A survey from Bankrate.com, an Internet site that tracks card trends and their impacts on consumers, has found almost none of the card issuers surveyed still charge the cardholders a fee for using their debit cards, no matter whether they sign to validate transactions or use a personal identification number.

According to Edentify CEO Terrence DeFranco, reports that identity theft is on the decline should be taken with a grain of salt. "Most surveys are only related to one category, that which the victim knows about," said DeFranco. "The reality is usually the victim is the last to find out...

A survey of debit card issuing and use has found that rewards programs on debit cards, once a rarity, have become more widespread, but that they remain less robust than rewards programs on credit cards.