U.S. President Barack Obama signed an executive order on Friday to beef up security measures for federal credit cards, and urged banks and retailers to follow suit in an effort to combat the growing threat of identity fraud.
Tags: Credit cards
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Samsung Pay Is Now Available In China
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Target has invested $100 million to secure its credit and debit card payment facility and changing the magnetic stripes feature to chip-and-PIN terminals after 40 million cards were hacked.
Wells Fargo will release credit cards issued on American Express in 2014. However, industry observers see this as a potential move to rise above competition.
Target has sold its credit card portfolio in the U.S. to TD Bank to pay debts. American retailing company Target Corp. announces its agreement on the sale of its existing credit card portfolio in the U.
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