The California Department of Motor Vehicles has opened an investigation into a possible security breach of its credit card processing services, a spokesman for the agency said.
Keith Fitz-Gerald, Chief Investment Strategist, Money Map Press, says he is shifting his attention away from mergers and acquisitions in the technology field to the financial sector.
Credit card companies MasterCard and Visa said they had formed a new cross-industry group to enhance payment system security across networks.
The federal government accused ITT Educational Services, one of the largest for-profit post-secondary education chains, of making predatory loans.
American International Group posted earnings excluding items of $1.15 per share on revenue of $8.62 billion, beating Wall Street estimates.
The National Retail Federation is calling on the banking industry to switch from the easy-to-hack magnetic stripe to the more secure PIN and chip.
Matthew Lawrence, a research fellow at the U.K.'s Institute for Public Policy Research, discusses a forthcoming law to cap the astronomic interest rates lenders can charge on so-called payday loans.
The government shutdown may have ended a couple of weeks ago, but, like a bad hangover, the economic fears and financial uncertainty are lingering.
Couples who relocated or rescheduled weddings due to the shutdown may be able to get their money back.
The cellphone has become one of the most popular communication technologies in the world, so many people view it as more of a necessity.
Credit cards that offer rewards are more popular than ever. And yet, many people who have these cards don't really know how they work.
U.S. federal regulators on Wednesday will unveil a reworked proposal aimed at reducing risk in the mortgage market and limiting shoddy underwriting practices.
Renaud Laplanche, Founder & CEO of LendingClub.com, discusses his online "matchmaking" business for borrowers and investors.
Howard Archer, chief U.K. & European economist at IHS Global Insight, talks about the pick-up in U.K. data but advises against investing in "pure, domestic exposure" to the U.K..
Peter Dixon, senior economist at Commerzbank Securities, expects U.K's GDP to strengthen but highlights that there are still many imbalances in the economy that need to be dealt with.
Ross Walker, senior U.K. economist at RBS and Luciano Janelli, chief economist at MIG Bank, question the sustainability of the U.K. recovery and whether more stimulus is needed in Europe.
Morningstar said personal information, including credit-card details, of about 2,300 customers may have been compromised due to a security breach last year.
The Supreme Court ruled that an arbitration agreement prevents merchants from bringing class action claims against American Express.
As investors rely increasingly on Finra’s database to vet Wall Street professionals, some brokers and executives are trying to remove complaints.
Free money is mighty appealing and a number of banks and credit unions will pay you $50, $100 or even more to become a new customer, but there is a catch.