Payments/Credit/Debit

American consumers used their credit or debit cards to purchase food from quick services restaurants more last year than during any other time in history, according to cardtrak.com, a Web site that tracks card trends and data.

WASHINGTON - A leading data security executive with Visa USA today expressed renewed support for the standards the card industry has embraced for card security.

WASHINGTON - The next couple of years may be when credit unions will begin to ask their members to take a more active role in preventing card fraud, according to Visa and other executives attending Visa's Global Card Security Summit.

Representatives of CUNA and NAFCU today urged lawmakers to be cautious before enacting legislation to revamp the rules regarding credit cards because going too far could hurt credit unions and limit consumer access to credit.

WASHINGTON - Visa appears to be taking a more open attitude toward the use of chips and personal identification numbers for card security and authentication.

Lawsuits from angry consumers and card issuers are not the only legal worries Heartland Payment Systems faces in the wake of its 2008 card security breach.