CEO DATELINE - The daily roundup of news important to associations - Jan. 23, 2014
- January 23, 2014 |
- CEO Update
Banking leader "outraged" over NRF letter Independent Community Bankers of America CEO Camden Fine expressed "shock and outrage" Wednesday over a National Retail Federation letter he said blames the recent data security lapses at Target and Neiman Marcus on the financial services industry. In the letter to the U.S. House and Senate leadership, NRF CEO Matt Shay said that financial institutions have a "critical role to play" in making sure their cards are secure. "For years, banks have continued to issue fraud-prone magnetic stripe cards to U.S. customers, putting sensitive financial information at risk while simultaneously touting the security benefits of next generation… Read More