Debit cards canceled after security breach; Fitchburg Savings Bank replaces cards after warning from Visa USA.
Byline: Andi Esposito FITCHBURG - About 1,300 debit-ATM cards issued by Fitchburg Savings Bank were deactivated yesterday after the bank was told by Visa USA that a "large-scale data compromise" may have included its check cards. None of the cards was used fraudulently and all...

Hypercom Gets Class A Certification for Electronic Payment Devices.
HEALTH AND BEAUTY CLOSE-UP-29 June 2008-Hypercom Gets Class A Certification for Electronic Payment Devices(C)2008 - CloseUpMedia - newsdesk@closeupmedia.com Hypercom recently announced that its new 32-bit multi-application Optimum T4210 (dial) and T4220 (Ethernet with dial backup) high-security electronic payment terminals and vendor-agnostic PV1310 PIN Pad have received Class...

Lightspeed Research: U.S. Consumers Use Debit Cards Most Frequently for Grocery Shopping.
FOOD AND BEVERAGE CLOSE-UP-18 October 2006-Lightspeed Research: U.S. Consumers Use Debit Cards Most Frequently for Grocery Shopping(C)2006 - CloseUpMedia - newsdesk@closeupmedia.com More people are reaching for their debit cards at the checkout counter when shopping for groceries, according to a recent survey by Lightspeed Research. ...

Vuitton values: the delicate balancing act of luxury for the masses.
Deluxe: How Luxury Lost Its Luster, by Dana Thomas, New York: Penguin Press, 373 pages, $27.95 IN SEPTEMBER 2005, following the worst natural disaster in American history, the Federal Emergency Management Agency (FEMA) began distributing $2,000 debit cards to Hurricane Katrina's neediest victims. The cards carried a...

Help for credit card users.
Byline: The Register-Guard The average adult American carries four credit cards. It's a safe bet that few of those Americans could name the interest rate charged on unpaid balances on each of those cards, or list all the fees and penalties that can follow a late payment....

TJX to pay up to $24M in breach; Funds to cover MasterCard settlement.
Byline: Mark Jewell BOSTON - Discount retailer TJX Cos. could pay as much as $24 million in a settlement yesterday with MasterCard Inc. over a massive breach that exposed tens of millions of payment card numbers to hackers. The pact came as a group that...

AROUND THE REGION.
Byline: The Register-Guard OnPoint credit union opening three Vancouver, Wash., branches OnPoint Community Credit Union, Oregon's largest with 186,000 members and $2.6 billion in assets, is in the process of opening three new Vancouver, Wash., branches. All three branches will be located within...

Meaning to intrude: thieves break into the computer networks of online retailers and abscond with thousands of credit card numbers. Carriers respond by choosing to cover only the parts of networks that comply with security standards.
Summary * Data breaches have exposed online retailers to tens of millions of dollars in liability. * Carriers are responding by choosing to cover only parts of networks that comply with security standards. * Data theft from lone-wolf hackers is giving way to...

Food fright: one in 11 people will need help paying for food.
How much money did your parents spend on breakfast this morning? It was probably a lot more than they paid a year ago. Eggs cost 25 percent more. Milk, fruit, and cereal prices are up too. For people who are earning barely enough money to get by, those price...

Banks can now offer a variety of stored value cards in a retail setting.
West Coast Bank, Bellevue, Wash., has become one of the first banks in the country to offer customers the Coinstar line of gift card, prepaid wireless, cash card and phone card products. The bank says that the stored valued card offerings are consistent with the company's payment...