Several U.S. banks are investigating potential security breaches involving debit card data, prompting some to automatically issue replacement cards to affected customers.
In recent filings with the Massachusetts government, six banks—Mainstreet Bank, Savers Bank, The Village Bank, Watertown Savings Bank, Webster Five Cents Savings Bank, and Eagle Bank—reported that their customers’ debit card information might have been compromised due to a security lapse at a third-party payment platform.
A notice shared by Eagle Bank reveals that an unnamed Mastercard merchant allowed unauthorized access to customer account details. Similarly, notices from The Village Bank and Savers Bank identified breaches linked to merchant networks. Savers Bank confirmed a suspected security issue with a Mastercard merchant, potentially exposing some of its debit card numbers.
For affected customers at Eagle Bank and Savers Bank, new debit cards will be issued automatically. Webster Five Cents Savings Bank, while providing fewer details about the breach, is also mandating the issuance of new cards for impacted customers. Watertown Savings Bank has advised customers to stay alert for unusual activity and offers new cards upon request.
Mainstreet Bank, which experienced the breach between June 28, 2023, and April 26, 2024, has confirmed that personally identifiable information such as card numbers and expiration dates may have been exposed. The bank is offering customers the option to replace their cards for added security.
United Arab Emirates authorities have formally denied reports linking Toncoin (TON) ownership or staking to long-term visa eligibility, calling the circulating claims inaccurate and misleading.
Changpeng Zhao, the former head of Binance, has hinted at the possibility of a new initiative that would allow BNB token holders to obtain long-term residency in the United Arab Emirates through a token-staking model.
The first week of July brought notable advancements in crypto infrastructure, governance, and trading.
Europe’s reluctance to embrace stablecoins and blockchain technology could erode its monetary sovereignty and marginalize the euro in the next phase of global finance, according to former European Central Bank board member Lorenzo Bini Smaghi.