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Despite the switch from the magnetic stripe credit cards to chip cards last October, the new technology is still not widely adopted. Visa unveiled an upgrade to speed up checkouts but barriers remain.

The bank also reported a $5 billion profit, despite a series of costly settlements with the U.S. government.

It used to take seven to 10 business days to get a new credit card. Because of an ongoing chip shortage, deliveries can take almost two months, and that could be the case through the end of the year.

It used to take seven to 10 business days to get a new credit card. Because of an ongoing chip shortage, deliveries can take almost two months, and that could be the case through the end of the year.

The Web is full of sites promoting views that many find offensive — and often, those sites do business with credit card companies. Some advocacy groups are pressuring Visa and MasterCard to end those relationships, but others worry these campaigns will have a chilling effect on free speech online.

The average American had almost $5,000 of credit card debt in the third quarter of 2012, up almost 5 percent over the previous quarter. Industry analysts say the increase is partly seasonal, people spending more ahead of the holidays. But they also say it could reflect growing consumer confidence, which has been on the rise since July as job numbers have gradually improved nationwide.

The retailer acknowledged early Thursday that there was a massive security breach of its customers' credit and debit card accounts. It started the day before Thanksgiving and extended at least to Dec. 15 — the heart of the holiday shopping season.

In the U.S., at least 11 states forbid retailers from adding surcharges to credit card transactions. Several also allow discounts for customers paying via cash rather than plastic.

You read that right. And yes, punk rock is dead.

The upscale retailer isn't yet saying how many customers might be at risk, but it is confirming that a breach of credit card data took place. The company says it learned of "potentially unauthorized payment card activity" before Christmas.