Charlie Warzel of BuzzFeed News tried cashless, cardless, and walletless living for a month by having a payment microchip inserted in his hand. » Read More
The retailer claims Visa is forcing Walmart customer to use fraud-prone signature verification over the more secure 'chip-and-pin' protocol.
CNBC's Mary Thompson looks at reports from Dow Jones about Wal-mart suing Visa over transaction rules for chip-enabled debit cards.
Companies like Baltimore's Terbium Labs have professionalized crawling the Dark Web, where criminals trade or sell large quantities of stolen credit card data and most other imaginable categories of personal information. Austin- based AllClear ID, formerly known as Debix, is among the companies that go beyond credit monitoring and report additional...
The migration to chip cards is a must, but in the short term could create as much as $14 billion in fraud between now and 2020.
WASHINGTON, May 5- New rules proposed on Thursday by a U.S. consumer watchdog would block credit card companies, banks and other firms from forcing customers to waive their rights to join class action lawsuits and settle disputes only through arbitration. The Consumer Financial Protection Bureau said financial firms should be barred from using fine print in...
WASHINGTON, May 5- A U.S. consumer watchdog on Thursday proposed new rules to block credit card companies, banks and other companies from forcing customers to waive their rights to join class action lawsuits and settle disputes only through arbitration. The Consumer Financial Protection Bureau proposed barring financial firms from including fine print in...
A recent study reveals young people and minorities often pay the most in recurring overdraft fees.
WASHINGTON, May 5- A U.S. consumer watchdog on Thursday proposed new rules to block credit card companies, banks and other companies from forcing customers to waive their rights to join class action lawsuits and only settle disputes through arbitration. The Consumer Financial Protection Bureau proposed barring financial firms from including fine print in...
The search giant signed its first carrier billing deal in the country, allowing users to buy content and get charged on their phone bill.
There are so many different types of credit card rewards to choose from, it can be overwhelming. CNBC’s Sharon Epperson breaks down which credit perks might be right for you based on your preference.
Improving your credit score can be as simple as asking the credit-card issuer for a higher card limit.
Want a bigger credit limit? Getting one can be as simple as asking and may boost your credit score.
MasterCard, the world's second-largest payments network, reported a slightly better-than-expected profit as customers spent more using its cards.
The "Fast Money" traders give their final trades of Wednesday.
The group stole more than 20 million credit cards worth $400 million in revenue.
American Express reported a beat on both the top and bottom line on Wednesday as it saw an increase in customer acquisition.
April 20- American Express Co's profit fell for the fourth straight quarter as costs jumped 5 percent after the credit card issuer boosted spending to fend off rising competition. Net income attributable to common shareholders fell to $1.39 billion, or $1.45 per share, for the first quarter ended March 31, from $1.51 billion, or $1.48 per share, a year earlier.
Visa is improving its chip-embedded cards, a source of grumbling from businesses and customers forced to wait for transactions to go through.
CNBC's Landon Dowdy takes a look at three things investors should watch for when American Express reports first quarter earnings after the closing bell, including currency headwinds, cost-cutting measures, and loss of partnerships with JetBlue, Fidelity and Costco.
The company says the new technology will let customers pay faster with their EMV cards.