Category Archives: government accountability

The Red Flag Rule – More regulations for merchants

Posted on January 26, 2011 by Tom Mahoney

Enforcement of the FTC’s Red Flag Rule can apply to some merchants. You need to know if you’re one of them. Continue reading →

Posted in government accountability, identity theft, Vulnerability | Tagged , , , , | 4 Comments

Interchange Fees May Drop

Posted on May 14, 2010 by Tom Mahoney

Thanks to a huge push by 7-Eleven and some others, there may finally be some relief from high interchange rates. Continue reading →

Posted in government accountability, Interchange Fees | Tagged , , | 1 Comment

Retailers: Credit card data inadequately protected

Posted on April 1, 2009 by Tom Mahoney

PCI DSS: “In significant part, (it is) a tool to shift risk off the banks’ and credit card companies’ balance sheets and place it on others.” Continue reading →

Posted in Data Breach, government accountability, PCI Compliance, Security Standard | Tagged , , | Leave a comment

Chris Dodd: The Moment for Credit Card Reform

Posted on March 31, 2009 by Tom Mahoney

This certainly affects cardholders more than merchants but it’s worth taking a look at. We’re cardholders too. Chris Dodd: The Moment for Credit Card Reform:

Posted in government accountability, greed, Interchange Fees, Interest Rate | Leave a comment

Credit Card Fraud Sting Nets 58 Arrests

Posted on October 20, 2008 by Tom Mahoney

What the bad guys thought was just another forum for selling and trading credit cards was a law enforcement sting. Continue reading →

Posted in credit card fraud, fraud, fraud trends, government accountability, profit from fraud | Tagged , , | 4 Comments