Credit cards
Credit cards
- PSO content
JPMorgan Chase said it's on track to eliminate 3,000 more jobs this year than previously forecast in its mortgage and credit card divisions.
November 7 - PSO content
Staples Inc., the worlds largest office-supply chain, is investigating a potential breach of customer credit-card data, becoming the latest retailer to confront a threat from hackers in recent months.
October 21 -
Sears' Kmart discount chain, the latest victim of hacker attacks on retailers, said it detected a security breach this week and is investigating the incident with law enforcement officials.
October 13 -
The bankers involved don't want to talk about it. But listen closely and read between the lines, and you can see why they might be willing to sacrifice some fees to participate in Apple's mobile payment platform.
September 10 - PSO content
Fair lending is a key consideration for any consumer lending program. According to the "effects test" or disparate impact doctrine used by the Consumer Financial Protection Bureau, credit card issuers must avoid not only direct, intentional discrimination but also practices that have the effect of discrimination.
September 8 -
WASHINGTON The Consumer Financial Protection Bureau issued a warning Wednesday to credit card companies that use deceptive marketing to mask hidden charges within promotional interest rates.
September 3 - PSO content
The credit card issuer is looking to build its campus business at a time when other banks' relationships with college and universities are facing regulatory threats.
July 24 - PSO content
After two years of slimming down, Capital One Financial (COF) is finally seeing growth in its U.S. credit card loan portfolio.
July 21 -
Associated Banc-Corp (ASBC) has acquired $100 million in credit card receivables tied to the Green Bay, Wis., company's customers.
July 2 - PSO content
U.S. consumers, whose use of revolving debt fell by more than 15% once the Great Recession hit, are finally re-embracing the credit card.
June 26 - PSO content
The number of U.K. credit cards with balances that are over-limit reached its lowest point in more than two years, according to data from Fair Isaac Corp. (FICO).
June 12 - PSO content
U.S. consumers are becoming less wary of the credit card than they were in the wake of the Great Recession.
June 12 -
Analytics of consumer payments data has transformed the ways credit card companies understand and engage their customers and prospects.
May 21 -
After alerting its customers in January that its arts and crafts store chain had suffered a potential data breach, Michaels Stores Inc. confirmed last week that at least 2.6 million cards may have been affected.
April 23 - PSO content
Visa has created a new top post overseeing risk and public policy and named its next general counsel.
April 13 -
WASHINGTON Regulators slammed Bank of America on Wednesday with their toughest enforcement action to date on shady marketing and billing practices for add-on products like identity protection, forcing it to pay $772 million in restitution and fines.
April 10 -
WASHINGTON Bank of America will pay $772 million to settle allegations by two regulators that it engaged in unfair fee collection and marketing related to credit card add-on products.
April 9 - PSO content
Stepped-up scrutiny of Internet payday lenders, online pharmacies and other merchants that regulators and law enforcement view warily is forcing the payments industry to adapt.
April 9 -
Hackers who raided the credit-card payment system of Neiman Marcus Group Ltd. belong to a sophisticated Russian syndicate that has stolen more than 160 million credit-card numbers from retailers over seven years, according to people with knowledge of the matter.
April 7 - PSO content
Breaking into the ultra-competitive credit card market requires time, money and creative thinking. Wells Fargo (WFC) is behind on the first and isn't talking about the second, but is hoping that the third can make up the difference.
March 21


