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Issue of April 30, 2007 |     |
Bankers Sue TJX Over Data Breach CostsBy Amy Wyeth A line in the sand. That’s what the Massachusetts and Connecticut bankers associations and the Maine Association of Community Banks want to draw, saying the latest data security breach by a major retailer is one too many and their member banks should not absorb the resulting cost. Local Banks Increasing Efforts to Encourage Debit-Card Use By Amy Wyeth Massachusetts banks are seeing the debit-card train coming down the tracks, and they’re jumping on board. Event Highlights Non-Interest Options Available for Banks By Jeff Haynes A flat yield curve has raised banks’ interest in non-interest income. About two dozen of the estimated 800 attendees at last Tuesday’s BankWorld 2007 conference sat in at a session to listen to one option in particular: the Overdraft Privilege service from Houston-based financial services and profit-engineering consulting company Strunk & Assoc. |
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