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Target Hackers Got PINs, Too

But Target thinks they're safely encrypted

(Newser) - Ever since news broke of Target's massive security breach , the retailer has said that customers' PIN and debit card data hadn't been stolen. Today, it admitted that actually, it had been—which, according to the Minneapolis Star Tribune , makes the stolen cards significantly more likely to be fraudulently... More »

Visa Corners Debit Card Market—With Higher Fees

Fees on signature debit purchases boost banks, screw merchants

(Newser) - In a bizarre twist, the intense competition among debit card companies has resulted in a race to higher prices, which benefit banks at the expense of retailers, not to speak of consumers. At issue is whether you sign for that debit purchase or enter your PIN instead—the former costing... More »

2 Stories