Eric Dash reports for Thursday's New York Times on the steps taken by the card associations to ensure that personal information is secure at all times.

"These are akin to terrorist attacks; we must take very aggressive steps," John Philip Coghlan, the chief executive of Visa USA, said in an interview last month as he took over the card company's largest division.

"We can sit here and say we have zero liability and that no consumer will be harmed. If trust is eroded, the very foundation of the system will be eroded."

Citibank has announced that it will be introducing a MasterCard PayPass-based keyfob for its debit card customers later this year. Citi also announced that they will be piloting the use of PayPass with its credit card customers later this year.

Visa USA and ID Analytics have announced a partnership that will enable financial institutions to better identify and stop fraudulent debit and credit card applications.

Laura Smitherman reports for the Baltimore Sun on new POS terminals installed to support MasterCard's PayPass contactless cards at the M&T Bank Stadium.

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