ABC News has a feature story this morning for consumer's about how to make the most of credit cards based upon an interview on Good Morning America with Ron Lieber, staff reporter for The Wall Street Journal. Lieber recommends borrowing first from family members and never, if you can avoid it, from credit card companies. In between he suggests considering Propser.com, the person-to-person lending company.

James McNair writes for the Cincinnati Enquirer about the major data security breach at TJX Companies and Fifth Third Bank's role as the merchant acquirer for TJX. In an article titled 'TJX facing customer complaints, possible fines by credit-card firms" in the Boston Globe, Ross Kerber writes that this incident may be the first major test for the recently formed Payment Card Industry Security Standards Council. Kerber quotes Seana Pitt, an American Express vice president who chairs the council, who said that the TJX incident is "a wake-up call for the industry" that reinforces why merchants should improve their security. Larry Greenemeier reports the story for Information Week In an article titled 'Credit Card Data, A Hack, And A Rush To Contain The Damage".