Breaches exposed 1 in 7 US debit cards in 2013
Data breaches at retailers and financial services companies exposed 14 percent of all U.S. debit cards in 2013, according to a nationwide survey by a major ATM network operator.
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Big telcos aim to replace credit cards with smartphones
Verizon, AT&T and T-Mobile have joined forces to build a mobile commercial payment network that will let customers use smartphones as credit cards.