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Monthly Archives: November 2011

Awareness of PCI Remains “Shockingly Low” Among Small Merchants, Study Finds

Small merchants are not much more aware of—let alone compliant with—the Payment Card Industry data-security standard (PCI) than they were a year ago, according to a study released this week. Some 53% of small merchants are now at least aware of PCI, a small increase from the 47% a similar survey found in 2010.  “Awareness [...]

TOTAL OUTSTANDING CONSUMER DEBT NOW NEARLY EQUIVALENT TO PRE-RECESSION LEVELS

Release Date: Wednesday, November 02, 2011 Equifax’s latest National Credit Trends Report shows that Total consumer debt now stands at $11.2 trillion, nearly equivalent to the $11.1 trillion posted pre-recession in 2006 according to the most recent Equifax National Credit Trends Report. Consumer debt outstanding peaked in October 2008 at $12.4 trillion. In addition the report [...]