Mastercard to Abandon Signatures at Checkout

Mastercard has announced it will stop requiring signatures at checkout for credit or debit purchases in Canada and the U.S. after April 2018. “Eliminating the need for signature is another step in the digital evolution of payments and payment security. At first...

Number of 2017 Breaches Tops 2016 Record High

The number captured in the 2017 ITRC Breach Report now totals 1,103, an increase of 22.4% over last year’s record pace for the same period (901). As of Oct. 18, the breach total also represents 171,588,466 reported exposed records, according to the report from...

Credit Unions Roll Out New Names, New Brands

Credit unions in Minnesota and Virginia recently introduced their new name and new brands. Chartered in 1933 in Duluth, Minn., the Duluth Teachers Credit Union changed its name to the Harbor Pointe Credit Union. Harbor Pointe CU was selected as the new name because it...