Recent News Headlines : Credit Crunch
BANK OF AMERICA BOOSTS CEO MOYNIHANS PAY 25
Awarded Chief Executive Officer Brian T. Moynihan 20 million for his work last year, raising his compensation 25 percent, while Citigroup Inc... READ MORE›
'A REALLY BAD SITUATION': TRAVEL AGENCY GOES PUBLIC AFTER FALLING VICTIM TO SCAM
Racine said some of the travel carriers have started putting new fraud control measures in place... READ MORE›
'SHIMMERS' THAT FIT INVISIBLY IN CHIP CARD READERS ARE THE LATEST TOOL OF FRAUDSTERS
Coquitlam RCMP Consumers and retailers be on guard there's a new and more devious way for fraudsters to steal your credit and debit card information... READ MORE›
'THERE ISN'T A BEST CARD OUT THERE'
But if you pay off the balance each month, credit cards can also have significant perks... READ MORE›
BANK STOCKS TUMBLE ON TRUMP'S COMMENTS AFTER POST-ELECTION RALLY
Morgan Stanley fell 4.2 percent to 41.98 at 3 p.m., reversing gains in early trading after reporting fourth-quarter results that beat analysts' estimates... READ MORE›
CREDIT CARD USAGE SOARS IN INDIA, BUT AVERAGE SPENDING FALLS
The Innoviti figures also show that growth in card usage is tapering off in areas where cash supply is showing signs of improvement... READ MORE›
WHY BARCLAYS CEO STALEY OPTED FOR WAR WHEN DIMON CHOSE SURRENDER
Jes Staley, Dimon's former deputy, is taking a more combative approach at Barclays Plc... READ MORE›
FORGET BITCOIN AND MOBILE PAY CASH IS STILL KING OF THE WORLD
A study of seven countries shows reports of the death of cash have been greatly exaggerated... READ MORE›
TEMPORARY MIGRANTS IN VIOLENT FAMILY SITUATIONS DENIED WELFARE LIFELINE
Action is required to expand access to the family violence exception to persons on non-partner visas e.g... READ MORE›
CAN YOU BEAT THE CREDIT-CARD REWARDS PROGRAMS AT THEIR OWN GAME?
Americans have more than 340 million credit cards, according to the American Bankers Association, up 24 percent over the past five years... READ MORE›
STRIPE FOUNDERS ARE YOUNGEST IRISH BILLIONAIRES WITH FUNDING
The brothers who co-founded online payments service Stripe Inc. have become Ireland's youngest billionaires after a 150 million funding round valued the business at 9 billion... READ MORE›
INDIA'S DIGITAL PAYMENT FIRMS TAKE A GAMBLE ON CASH CRUNCH
Getting shops and customers to change their reliance on cash permanently will involve convincing people like Mohammad Javed, a 36-year-old meat shop owner in New Delhi... READ MORE›
AUSTRALIAN REGULATOR OPPOSES COLLECTIVE BANK BARGAINING ON APPLE PAY
Apple charges card providers for transactions via the service, which it introduced to Australia last year... READ MORE›
Trending News Headlines : Credit Crunch
RBS PAYMENT FAILURE COULD LAST DAYS
Banks including RBS and NatWest are affected Customers from RBS, NatWest, Coutts and Ulster Bank... READ MORE›
TAXPAYERS SUBSIDIZED WELLS FARGO EXECUTIVE PAY AMID BANK'S FRAUD
Their findings? If you paid federal taxes, you essentially subsidized the multimillion dollar payouts given to Wells Fargo executives who oversaw a massive consumer fraud... READ MORE›
"THIS IS INDIA'S BREXIT AND TRUMP ROLLED INTO ONE"
The new currency laws in India are causing chaos for travellers and residents alike... READ MORE›
JJB SPORTS BOSS CHRISTOPHER RONNIE JAILED OVER ?1M FRAUD
City a.m. jjb sports boss ronnie handed four year sentence for fraud 1 hr ago... READ MORE›
EU BACKS CAP ON CARD PROCESSING FEES
New cap on bank card fees 6bn Savings by retailers 730m Savings by consumers 760m Payment cards in Europe 43... READ MORE›
PLANE DOWNED BY BUK MISSILE FROM RUSSIA
This requirement is new, and is similar to requirements that nationals from 38 countries currently must follow before traveling to the United States... READ MORE›
VISA TO BUY VISA EUROPE IN DEAL WORTH AS MUCH AS $23 BILLION
Visa Inc and Visa Europe, a cooperative of European banks with more than 500 million cards, were part of a global bank-owned network until 2007... READ MORE›
SEVEN-DAY NHS PLAN COULD LEAD TO BIG STAFF SHORTAGES, SAYS PAY REVIEW
The real barriers to a safe seven-day NHS are underfunding, understaffing and lack of employee involvement... READ MORE›
ALARM INSTALLER WITH CRIMINAL PAST ACCUSED OF STEALING CUSTOMERS' CREDIT CARDS AND ID
Go Public contacted the security company McKay was working for when he installed Brenner's alarm... READ MORE›
J.P. MORGAN FOUND HACKERS THROUGH BREACH OF CORPORATE EVENT WEBSITE
It said Hold Security began informing its clients of the breach around August, and JPMorgan officials then told Simmco Data... READ MORE›
U.S. RETAILERS PUSH BANKS TO USE PINS ON CREDIT CARDS AS CONFUSION REIGNS
A small band of retailers with the clout to call the shots on their branded credit cards is leading the charge... READ MORE›
JPMORGAN PLANTS DIGITAL PAYMENT FLAG AT WAL-MART
As Watters began to speak, the bank said it reached an agreement with Wal-Mart Stores Inc allowing shoppers to be able to use Chase Pay... READ MORE›
7 BANK RIP-OFFS THAT WONA??T EXIST IN 2020
As a result of their cosy oligopoly, Australian banks have become the most profitable in the world, collecting 29 billion in profit this year... READ MORE›
HEALTH CANADA WORKER FIRED AFTER $20K SPENDING SPREE ON GOVERNMENT CREDIT CARDS
Bruce MacDonald, head of Imagine Canada, a charity umbrella group, says the kind of charity fraud detailed in the Health Canada report is rare... READ MORE›
WALMART SUES VISA OVER CHIP TRANSACTIONS WITH DEBIT CARDS
Walmart is suing Visa for allowing customers to verify chip-enabled debit card transactions with a signature instead of a PIN... READ MORE›
APPLE PAY GROWTH SLOWS A YEAR AFTER LAUNCH
LAS VEGAS Apple Inc's mobile wallet Apple Pay is winning over more U.S... READ MORE›
GERMAN RALLYING CRY IS 'CASH ONLY'
Germans conduct 80 of their financial transactions in cash, compared to 50 cash transactions by Americans, according to a 2014 study by Germany's central bank... READ MORE›
TEENAGER BLOWS ?20,000 MISTAKENLY DEPOSITED IN BANK ACCOUNT AFTER ID MIX-UP
He was charged with theft by taking after a bank cashier deposited the money in his account by mistake... READ MORE›
SAMSUNG ELECTRONICS UNVEILS HIGH-END PHONES IN SEARCH OF SALES BOOST
Each new version has been more popular than the last, said Justin Denison, vice president of product strategy and marketing for Samsung Electronics America... READ MORE›
ENTER SAMSUNG PAY? SMARTPHONE GIANT SEEKS MOBILE PAYMENTS SPARK
Samsung Executive Vice President Rhee In-jong said in an interview the firm will likely launch new mid and low-tier smartphones compatible with Samsung Pay next year... READ MORE›
FREE CREDIT SCORES NOW ABOUND, BUT MYSTERIES LINGER
Free credit scores now abound but mysteries linger... READ MORE›
DORSEY'S SQUARE JUMPS IN MARKET DEBUT, OFFERING HOPE TO TECH STARTUPS
Despite Square's 42 percent valuation drop from its last private financing round, most backers scored a payday... READ MORE›
1 IN 4 AMERICANS ARE ON VERGE OF FINANCIAL RUIN
Some groups -- for example, the 30 to 49 age group -- are in worse off than others when it comes to credit card debt and savings... READ MORE›
FIDELITY DROPS CREDIT CARD PARTNERS AMERICAN EXPRESS, BANK OF AMERICA
Since 2003, Fidelity has offered 2 percent cash back credit cards with American Express and Bank of America's FIA Card Services... READ MORE›
WHAT PLASTIC IS RIGHT FOR YOUR TEEN?
Debit cards do not offer all the same consumer fraud protections as credit cards... READ MORE›
SAMSUNG ELECTRONICS UNVEILS HIGH-END PHONES IN SEARCH OF SALES BOOST
Each new version has been more popular than the last, said Justin Denison, vice president of product strategy and marketing for Samsung Electronics America... READ MORE›
VISA SEES VISA EUROPE OPTION NOW COSTING MORE THAN $10 BILLION
Visa Europe is owned and operated by more than 3,700 European financial institutions... READ MORE›
ASHLEY MADISON'S HACKED DATA DUMP SPREADS GLOBAL HAVOC, ELATES NOTED DIVORCE LAWYER
Ashley madison's hacked data dump spreads global havoc elates noted divorce lawyer... READ MORE›
JPMORGAN CHASE ON TRACK TO PAY $4 BILLION TO HOMEOWNERS AS PART OF SETTLEMENT
The relief comes in the form of mortgage forgiveness, refinancing and disaster area lending... READ MORE›
STARTUP LOOKS TO CONNECT BREACHED DATA WITH THOSE FACING LIKELY FRAUD
Austin-based AllClear ID, formerly known as Debix, is among the companies that go beyond credit monitoring and report additional information to consumers... READ MORE›