Release Date: June 21, 2006
A story on KVOA-TV, the NBC affiliate in Tucson, Arizona, on consumers' continued use of credit cards in the face of security breaches quotes Lewis Mandell, professor of finance and managerial economics in the School of Management, who said that while such leaks make people more apprehensive about using their cards, "There's no way around it. We live in a sophisticated payment environment. Everyone is expected to have a credit card." Go to article.