The director of the Consumer Financial Protection Bureau (CFPB), Richard Cordray, believes that the United States is facing a crisis when it comes to financial education. He also thinks that it is...
Continue readingIt would seem that the government shut down has impacted millions of people from all walks of life. Add credit card applicants to the list. The Internal Revenue Service – whose operations affect...
Continue readingIn order to provide greater insight into economic trends and consumer habits, the Consumer Financial Protection Bureau has announced plans to monitor up to four out of five credit card transactions...
Continue readingIt seems that on a daily basis, another company announces that they have fell victim to identity theft, security breaches or a massive compromise of data. Today, we can add Adobe to the list. The...
Continue readingIt seems that lending and credit giant JPMorgan just cannot catch a break when it comes to federal scrutiny of its business practices. Last week, the lender was served with separate notices from...
Continue readingAs the housing market continues to recover and interest rates increase slowly but surely, more and more banks have considered what this means for their bottom line. In the wake of the recession,...
Continue readingIf the classic metric of increased credit card spending equates a stronger economy, then some good news is upon us: credit card debt has increased for the first time since 2008. The credit card...
Continue readingAs the elements of the recession continue to wane, more Americans still feel uneasy about chronic credit card use – and it shows in the ever-decreased amount of total credit card debt that they...
Continue readingThe world of 3D printing appears ready to deliver unto us yet another worrisome development. Recently discovered on several ATMs in Sydney, Australia were credit card skimmers produced using 3D...
Continue readingThe traditional credit card may soon be on its way out, if one Pennsylvania manufacturing firm has its way. Introduced recently, the Dynamics ePlate credit card is an intuitive solution to an...
Continue readingIt looks like taxi passengers will have to wait at least another month in order to be assured that credit cards will be accepted in all taxi cabs throughout the District of Columbia. A long-term...
Continue readingIt seems that on a monthly basis now, a new (and often the largest) multi-national credit card ring is brought to its knees. This week, however, the latest one to be discovered blows the others out...
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