P.F. Chang’s Credit Card Breach May Have Started In September 2013

P.F. Chang’s Credit Card Breach May Have Started In September 2013

Chain fusion bistro P.F. Chang’s confirmed last week that its payment system had been breached, and the company’s official statement is that they’re investigating when and how the breach started. Unofficially, we may have an answer to the first half of that question: the breach may have started in September of 2013. [More]

(Mark Crawley)

P.F. Chang’s Confirms Some Customer Credit Card Info Was Compromised In A Security Breach

Seems P.F. Chang’s is ready to pipe up, after banks reported earlier this week that the restaurant chain had possibly been hit by a breach that compromised customers’ credit card information. The company confirmed last night that while it’s not sure how many customers were affected, its data has been compromised. [More]

(Dave Dugdale)

Banks Report Possible Credit Card Breach At P.F. Chang’s

There’s a fresh new batch of stolen credit card numbers on the market! The same online store that offered numbers pilfered in recent national breaches, including the massive one at Target, has a fresh batch of thousands of numbers available. Banks report that what these cards have in common is that they were recently used at P.F. Chang’s restaurants. [More]

MasterCard Extends Zero-Liability Policy To ATM & PIN Transactions

MasterCard Extends Zero-Liability Policy To ATM & PIN Transactions

While both MasterCard and Visa have zero-liability policies for fraudulent transactions made by swiping a card or using the card number online or over the phone, that same level of protection has not been afforded to all cardholders for bogus ATM withdrawals or PIN-based purchases. However, MasterCard announced today that it is extending the zero-liability policy in the U.S. to include these two types of transactions. [More]

Proposed Bills Aim To Protect Students From Shady Deals Between Colleges, Banks

Proposed Bills Aim To Protect Students From Shady Deals Between Colleges, Banks

In recent years, the financial industry and higher education institutions have become increasingly comfortable bedfellows. From offering student IDs that act as debit cards to receiving payments for introducing credit cards to students, banks companies have crept their way onto college campuses. Now, a pair of bills introduced in the House and Senate aim to provide transparency over campus-sponsored financial products and put a stop to conflicts of interest and kickbacks between colleges and banks. [More]

Walmart Policy Requires Customers To Fork Over Their Credit Card’s 3-Digit Security Code

Walmart Policy Requires Customers To Fork Over Their Credit Card’s 3-Digit Security Code

In light of recent, high-profile data breaches, consumers are constantly on guard when it comes to their credit card information. So it might come as a surprise that the country’s largest retailer is asking customer to fork over the sacred three-digit security code on the back of cards in order to make purchases. [More]

Study Confirms That Most Of Us Carry Less Than $50 Cash

Study Confirms That Most Of Us Carry Less Than $50 Cash

Sometimes the effort needed to fumble inside my wallet for cash and change just seems too much of a burden. So I rarely use the tender and instead go straight for the debit card. And it appears I’m not alone in my preference for not carrying cash. [More]

Which Credit Cards Have The Most Restrictions On Rewards?

Which Credit Cards Have The Most Restrictions On Rewards?

While many banks have nixed rewards programs for debit cards, credit card issuers still push these extras — things like cash-back, airline miles, and points that can be redeemed for purchases — as a way to attract new customers and retain existing cardholders. But when it comes time to earn or use those rewards, some cards are more friendly than others. [More]

Target Tries Making Up For Data Breach By Issuing Secure Chip-And-Pin Cards Next Year

Target Tries Making Up For Data Breach By Issuing Secure Chip-And-Pin Cards Next Year

In the wake of the massive theft of customer data, Target is revamping its store-branded credit and debit cards with chip-and-pin technology that will make them more secure for in-person transactions, but still leave the door open to some fraudulent use. [More]

Retailers Put Aside Differences, Band Together To Fight Future Massive Hacks

Retailers Put Aside Differences, Band Together To Fight Future Massive Hacks

You know that scene in superhero and/or spy movies (and especially in sequels) where the hero and his/her longtime nemesis must begrudgingly band together, if only for one kick-butt scene, to take down a larger foe that could hurt them both? That’s probably the most interesting way to think about today’s announcement from the National Retail Federation. [More]

Card Skimmer Discovered On Payment Kiosk In NYC Subway

Card Skimmer Discovered On Payment Kiosk In NYC Subway

Whenever I’m in New York City and load up a MetroCard at the train station kiosk, I give the card readers extra scrutiny and think to myself, “such a high-volume spot would be a great place to install a skimmer.” My paranoia was justified: earlier this week, the Metropolitan Transit Authority warned the public that they’ve found card skimmers on a few of those very kiosks. [More]

Bank Of America May Pay $800 Million For Questionable Credit Card Add-Ons

Bank Of America May Pay $800 Million For Questionable Credit Card Add-Ons

There’s another big legal bill on the horizon for Bank of America, as reports indicate the bank may soon agree to pay $800 million to settle allegations tied to sketchy add-on services for credit card customers. [More]

More Details Revealed On WEBLEARN Debit/Credit Card Scam

More Details Revealed On WEBLEARN Debit/Credit Card Scam

Last week, we told you how our banking sources had linked the recent rash of fraudulent debit and credit card charges from a mysterious company listed as WEBLEARN to the scammers behind a similar scheme that had dinged victims’ accounts for bogus $9.84 transactions during the holidays. Some further investigation by those better equipped to do so has turned up more on this link. [More]

Fraudulent WEBLEARN Debit/Credit Card Charges Possibly Linked To Earlier “$9.84″ Scam

Fraudulent WEBLEARN Debit/Credit Card Charges Possibly Linked To Earlier “$9.84″ Scam

We recently told you about a rash of low-value fraudulent charges attributed to a mysterious company called “WEBLEARN” popping up on credit and debit card statements. Since then, we’ve heard from hundreds of people who’ve been hit with these charges and while we still don’t know where the scammers got the purloined card numbers, the identity of the scammers is now less of a mystery. [More]

(Clean Wal-Mart)

Walmart Slaps Visa With $5B Lawsuit For Allegedly Fixing Card Swipe Fees

Thought retailers were done fighting credit card companies over those credit and debit card swipe fees? You thought wrong! Or not wrong, because no one can predict the future, but Walmart is steamed up and suing mad at Visa, alleging in a new lawsuit that the card company set ridiculously high card swipe fees. [More]

Check Your Debit, Credit Card Statements For “BLS WebLearn” Scam Transactions

Check Your Debit, Credit Card Statements For “BLS WebLearn” Scam Transactions

A lot of times when someone gets a hold of someone’s credit or debit card info and decides to use it for illicit purposes, the ID thief makes as many charges as possible in a short period of time. But some scammers choose to chisel away at victims’ accounts in the hopes that the crime will go unnoticed. [More]

Card Canceled After Target Data Breach Hit With Fraudulent Charge Anyway

Card Canceled After Target Data Breach Hit With Fraudulent Charge Anyway

The massive holiday season Target data breach is the gift that just keeps on giving consumers more headaches. Replacing a compromised card may not be enough to prevent fraud, it turns out: criminals may still be able to charge purchases to your old account even if you thought it was closed. [More]

Sally Beauty May Be Latest Credit Card Hack Victim

Sally Beauty May Be Latest Credit Card Hack Victim

The credit card payment system of yet another national retail chain appears to have been violated. This time it’s Sally Beauty, which looks to be the common denominator among a group of recently stolen credit card numbers. [More]