Tag: Home Depot

Visa Puts Signature On Skirmish With Retailers

Visa filed a suit against Walmart June 30, the latest volley in a legal shootout with large retailers over EMV, chip-and-PIN and signature policies. “To me, it’s a clear escalation in the battle, said Rick Oglesby, president of AZ Payments Group and a partner at Double Diamond Group. “It’s never a good thing to be wrapped up in a public dispute with one of your largest and most influential customers, and the networks versus Walmart has been ongoing for many years.”

The suit claims Walmart surreptitiously tested a process in which shoppers were not given the choice to verify their Visa debit card purchases with a signature. It’s the most recent salvo in a battle among Visa and large retailers over the use of either signatures or PINs to verify transactions.

Home Depot Payment Card Fraud Via HR Records

In a big company, when it’s suspected that someone is misusing company data to steal money from other employees, the first call is supposed to be to human resources. But what if the fraud is being perpetrated by a couple of HR staffers? That’s what happened at Home Depot.

The two Home Depot HR people, Paulette Shorter and Lakisha Grimes, were sentenced to two years and one day in federal prison. According to the feds, the HR staffers used Home Depot personnel files to extract names, social security numbers and birthdates to apply online for Capital One payment cards. They used the names and data not only of Home Depot employees, but of job applicants, too.