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In Michaels Fraud Dispute, Banks Once Again Pick Up the Tab - Electronic Payments Coalition

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In Michaels Fraud Dispute, Banks Once Again Pick Up the Tab

May 24, 2011 | Electronic Payments Coalition

Michaels craft stores urged thousands of their customers who recently had their debit card PIN numbers stolen to “immediately contact your bank” and “seek their advice on how to protect your account,” even as their Senator Dick Durbin works in Washington to eliminate the revenue that banks and credit unions use to cover such breaches.