23 March 2017
visit nextgenbanking.co.uk

Union First Market Bankshares to re-issue cards affected by retailer breaches

21 January 2014  |  1084 views  |  0 Source: Union First Market Bankshares

Union First Market Bankshares Corporation ("Union") today announced that it will reissue credit and debit cards impacted by the data breaches at Target and Neiman Marcus.

"While the security breaches did not compromise any of Union's systems, Union is taking a proactive step to reissue all debit and credit cards that were impacted by the data breaches at Target and Neiman Marcus," said G. William Beale, president and chief executive officer of Union First Market Bankshares. "Union has been monitoring the impacted accounts since being notified of the security lapses. While no customer has lost money, the level of fraud and attempted fraud has increased on those accounts and therefore Union decided it was necessary to issue new cards to our customers."

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
Visit capgemini.comvisit abe-eba.euParticipate in the survey

Top topics

Most viewed Most shared
Bank of England sets up fintech Community; runs blockchain and AI trialsBank of England sets up fintech Community;...
15763 views comments | 33 tweets | 26 linkedin
hands typing furiouslyMachine Learning: Lessons for Banks From S...
9859 views 0 | 11 tweets | 8 linkedin
Samsung Galaxy S8 to use facial recognition for payments - BloombergSamsung Galaxy S8 to use facial recognitio...
8306 views comments | 35 tweets | 27 linkedin
satellite26 Japanese banks register for Exchange-ru...
7370 views comments | 2 tweets | 1 linkedin
Can banks really win in the payments business of the future? – new Finextra reportCan banks really win in the payments busin...
7036 views comments | 21 tweets | 35 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job