Credit Cards

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Minn. Attorney General Sues Credit Card Fee Processor

Valley Lettering in North St. Paul is always looking for more business. So as convenience to customers, owner Don Buckentin takes credit or debit cards. But for each transaction, he pays a fee. “This was far more than pennies,” Buckentin said. “This was hundreds of dollars.”

10/15/2014

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Jimmy John’s Is The Latest To Be Hit With Data Breach

Popular sandwich chain Jimmy John’s seems to be the latest victim of a national data breach involving customers’ credit and debit cards.

09/24/2014

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Dairy Queen Confirms Potential Data Breach

Edina-based Dairy Queen is the latest company hit by cyber criminals, as an undisclosed number of stores have reportedly been hit by a data breach. Information including customers’ credit and debit card data may have been lifted.

08/28/2014

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Good Question: What’s In Your Wallet? Cash Or Plastic?

Ten years ago, 36 percent of retail purchases were paid in cash. Today, that’s dropped to 29 percent, and if this trend continues over the next generation, it could fall to 10 percent.

08/27/2014

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Mpls. Restaurant Group Raises Minimum Wage

A major Twin Cities restaurant group is raising the minimum wage for some of its employees higher than the new state law requires. The Blue Plate Restaurant Company owns eight popular spots, and will open a new restaurant at the State Fair Thursday. Starting Sept. 1, Blue Plate’s non-tip workers will earn $9.69 an hour.

08/20/2014

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Supervalu: Hackers Accessed Network That Processes Card Payments

Another Minnesota-based company is trying to figure out how it fell victim to hackers. Supervalu, which owns Cub Foods stores across Minnesota, said hackers accessed a part of its computer network that processes payment card transactions.

08/15/2014

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Potential Data Breach Revealed By Supervalu

TA data breach at Supervalu may have impacted as many as 200 of its grocery and liquor stores and potentially affected retail chains recently sold by the company in two dozen states.

08/15/2014

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Cyber Cops: Target Hackers May Take Years To Find

Secret Service investigators say they are close to gaining a full understanding of the methods hackers used to breach Target’s computer systems last December.

04/17/2014

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Give Your Personal Finances A Spring Cleaning, Too

Now that we’re finally getting out of winter, a lot of us will start our spring cleaning. That includes getting your finances tied up. However, it’s also tax season, so the last thing you may feel like doing is crunching more numbers.

03/26/2014

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Hackers May Have Used Pa. Company To Hit Target

The hackers who stole millions of credit and debit card numbers from Target may have used a Pittsburgh-area heating and refrigeration business as the back door to get in. Fazio Mechanical Services Inc., a contractor that does business with Target, issued a statement Thursday saying it was the victim of a “sophisticated cyberattack operation,” just like Target.

02/07/2014

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Report: Fraudulent Purchases Made On 5M Cards After Breach

About 5 million credit and debit cards out of the approximately 40 million whose information was stolen in a massive Target data breach have been used to make fraudulent purchases. The Wall Street Journal says that translates to about 10 to 15 percent of the accounts that were compromised late last year.

01/31/2014

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2 Nabbed At Texas Border, Suspected In Target Data Breach

Police say two people trying to enter the U.S. from Mexico have been arrested in South Texas on fraud charges that could be related to the theft of personal data from Target retail stores. McAllen police Chief Victor Rodriguez scheduled a news conference for Monday afternoon.

01/20/2014

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Talking Points: Getting U.S. Credit Cards More Secure

New developments have been revealed about the Target data breach. The cyber intelligence company, Intelcrawler, says a 17-year-old from Russia, may be the author of the malware that is being blamed for the compromising of more than 100 million credit card accounts used at Target.

01/19/2014

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Target CEO Defends Company’s Response To Breach

The CEO of Target is finally speaking out after the massive security breach that impacted millions of Americans over the holidays. He’s defending Target and how the company has handled the breach, and said the company is working now to gain back the trust of many shoppers.

01/13/2014

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Neiman Marcus Is Latest Victim Of Security Breach

Luxury merchant Neiman Marcus confirmed Saturday that thieves stole some of its customers’ payment card information and made unauthorized charges over the holiday season, becoming the second retailer in recent weeks to announce it had fallen victim to a cyber-security attack. The hacking, coming weeks after Target Corp. revealed its own breach, underscores the increasing challenges that merchants have in thwarting security breaches. Ginger Reeder, spokeswoman for Dallas-based Neiman Marcus Group Ltd., said in an email Saturday that the retailer had been notified in mid-December by its credit card processor about potentially unauthorized payment activity following customer purchases at stores.

01/11/2014

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