Merchants and card issuers released separate studies Oct. 1 that made contradictory claims regarding the effect the Durbin Amendments interchange cap has had on consumers. The groups timed their releases to coincide with the two-year anniversary of caps effective date.
WASHINGTONExecutives attending Visas Oct. 2 Global Security Summit here were told by speakers that increased data security at large retail firms and data processors have forced many thieves move on from seeking big data breaches and compromises. However, the presenters also pointed out that every new app, website, mobile...