Target to pay Visa issuers up to $67M over data breach

Target will pay Visa card issuers up to $67 million in a settlement over a massive 2013 data breach, the retailer confirmed Tuesday. The agreement follows the rejection of a proposed $19 million deal with MasterCard, which needed approval from 90 percent of financial institutions representing affected cardholder accounts.The VISA deal does not require approval […]

Lewis named NYIB chairman

At its most recent annual meeting, the National Youth Involvement Board (NYIB) elected a new regional coordinator, re-elected two regional coordinators, and re-elected the chairman for a second term. The NYIB re-elected Juli Lewis, member relations consultant for the LSCU & Affiliates, as NYIB chairman for 2015-16. Lewis has 22 years of experience in the […]

Harrell arrangements set

For those wishing to pay their final respects to the family of ACIPCO Credit Union CEO Mike Harrell, the visitation and memorial service have been set. The First Baptist Church of Dadeville will host the viewing Wednesday, Aug. 12, from 9:30 to 11:30 a.m. and a memorial service will follow immediately after at 11:30 a.m. […]

EMV distribution does not mean EMV awareness

A new study has found that EMV card distribution does not equate to EMV cardholder awareness. The findings, which were conducted by Javelin Research, show the need to educate consumers. “EMV has been widely perceived as more stick than carrot, with both issuers and merchants dragging their feet on the October 2015 readiness milestone. However, […]