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WASHINGTON, DC, December 10, 2009 –ITAC, the Identity Theft Assistance Center, has released the ITAC Identity Theft Outlook for 2010 based on developments over the past year and what’s ahead in 2010, including trends in criminal activity and law enforcement, impact of the “Red Flag” rules for identity theft and the Administration’s cybersecurity policy.
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Executives from member companies of The Financial Services Roundtable are hitting the classroom as part of a nation-wide financial literacy initiative during the week of December 7. Spearheaded by Junior Achievement, the “Executives in the Classroom,” initiative is leading financial literacy sessions focused on fiscal responsibility and holiday spending. “Financial literacy is crucial to the success of our economy,” said Steve Bartlett, President and CEO for the Financial Services Roundtable. “‘Executives in the Classroom’ reaffirms the industry’s commitment to financial literacy and responsible public service.”
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When consumers step up to the cash register to pay for their holiday purchases this year, a large percentage will pay with a debit card. Debit cards have overtaken credit cards and other noncash methods as the payment of choice among consumers. TAKE PRECAUTIONS: Despite the safeguards, debit card users should take certain precautions.
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