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Fed delivers mixed credit card data

Payments Dive

While first-quarter consumer credit card debt rose relative to the same period last year, it dropped compared to the fourth quarter. Meanwhile, consumers' outlook on the availability of credit deteriorated.

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How Visa handled ‘BidenCash’ card fraud incident

Payments Dive

The card network giant identified 556,000 card accounts that were put at risk as a result of the cybercrime ring BidenCash’s release of data online in December.

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Card debt weighs on consumers

Payments Dive

First-quarter credit card balances jumped 17% over the same period last year, according to New York Fed data.

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Bank card spending volume slows

Payments Dive

The big banks’ fourth quarter 2022 card volume data could have implications for card giants Visa and Mastercard, an analyst said.

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The Importance of PCI Compliance and Data Ownership When Issuing Payment Cards

This eBook provides a practical explanation of the different PCI compliance approaches that payment card issuers can adopt, as well as the importance of both protecting user PII and gaining ownership and portability of their sensitive data.

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Amex cardholder data exposed in merchant processor hack

Payments Dive

The point-of-sale attack on a merchant processor may have compromised card numbers, expiration dates and cardholder names, Amex said in a state regulatory filing.

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Restaurant gift card sales rose during Thanksgiving weekend

Payments Dive

more on restaurant gift cards during the Thanksgiving weekend compared to the same period in 2022, according to Paytronix data. Guests spent 7.3%

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