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US Household Debt Drops For First Time Since 2014

PYMNTS

household debt for the first time since 2014, the Financial Times (FT) reported. The steep decline in consumer spending resulted in less U.S. At the end of June, consumer debt balances sat at $14.27 trillion, according to figures from the Federal Reserve Bank of New York. That’s a 0.2

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Brit MP: Facebook Knew About Russian Meddling in 2014

PYMNTS

politician said Facebook was aware that Russian-linked organizations were harvesting data from the social media giant, since October 2014, according to Bloomberg. The Russian individuals reportedly utilized a feature that allowed advertisers to collect copious amounts of data.

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Home Depot Settles 2014 Data Breach Suit

PYMNTS

Another major step in the Home Depot 2014 breach case has been settled. Based on the data released from both Home Depot and Target, that number has the Home Depot breach impacting 40 percent more cards than the 40 million from the Target breach that occurred in the final quarter of 2014. Home Depot also agreed to pay $6.5

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ISO & Agent - November/December 2014

Payments Source

Grasping for profits and battling customer attrition, ISOs have reached a critical juncture. Pitching advances and loans can help. To get the magazine, please contact Customer Service at help@sourcemedia.com or 212-803-8500.

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Home Depot reaches USD 17.5 mln settlement of 2014 breach lawsuit

The Paypers

million settlement of a multistate lawsuit stemming from a 2014 data breach that compromised the payment card data of 40 million customers. The Home Depot has reached a USD 17.5

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Is Apple Pay Safe for Businesses? How It Protects Against Skimmers and Credit Card Fraud

National Processing

How It Protects Against Skimmers and Credit Card Fraud Apple Pay’s platform was first introduced in 2014 with the release of the iPhone 6. National Processing Is Apple Pay Safe for Businesses? Since then, the platform has grown to more than 65 million people. When not accounting for auto sales, 51% of all merchants accept Apple Pay.

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Visa looks to generative AI to enhance tokenisation

Finextra

At Money 20/20 Europe, Mehret Habteab, senior VP of product and solutions at Visa Europe, announced the company generated $40 billion in incremental e-commerce revenue globally, after issuing over 10 billion tokens since their launch in 2014.

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