SEATTLE— Jury convicts Russian man of hacking into U.S. businesses to steal credit card data, orchestrating international online theft scheme.
SEATTLE— A jury is weighing whether the son of a Russian lawmaker hacked into U.S. businesses to steal credit card information and made millions selling the data to criminals. Attorney Norman Barbosa said Wednesday of Roman Seleznev at the close of the eight-day trial. The jury began deliberating following closing arguments just after noon and was released...
SEATTLE— The son of a Russian lawmaker made millions by hacking into U.S. businesses to steal credit card information and selling that data to other criminals, a federal prosecutor told the jury during his closing argument on Wednesday. Attorney Norman Barbosa said of Roman Seleznev at the close of the eight-day trial. The victim businesses that form the basis...
LONDON, Aug 24- The number of mortgages approved by British banks fell to its lowest in a year in the month following Britain's vote to leave the European Union, but robust credit growth added to signs that the decision has had little impact on consumers so far. British banks approved 37,662 mortgages for house purchases last month, down from 39,763 in June and 19...
LONDON, Aug 24- The number of mortgages approved by British banks in July fell to its lowest in a year, but robust credit growth added to signs the Brexit vote has had little impact on consumers so far, industry data showed on Wednesday. British banks approved 37,662 mortgages for house purchases last month, down from 39,763 in June and 19 percent lower than in July...
Citigroup is aiming to tie-up with Singapore ride-hailing app Grab to let its credit-card customers use points for rides, the FT reported.
Kids these days: They just aren't pulling out the plastic like they did in the past.
Watchers believe they now hold the greatest growth potential in the credit card industry.
CNBC's Jim Cramer explains why he is watching Brinker International and what he calls "consumer confidence."
Consumers' debt-fueled spending had propped up Asia's struggling economies over the years, but have now become a problem for their central banks.
Aug 9- U.S. household debt hit $12.29 trillion in the second quarter, up $434 billion from a year earlier as auto loans and credit card debt increased, a Federal Reserve Bank of New York survey showed on Tuesday. Auto debt was $1.10 trillion, up $97 billion from a year earlier, while the aggregate credit card limit increased for the 14th straight quarter, reflecting...
Attackers infiltrated hundreds of Oracle's computer systems and inserted malware into the customer service portal of its credit card payment service.
American Express shares will finally rebound after its 2015 breakup with Costco due to small-business friendly initiatives, says Citi Research.
Senior Personal Finance Correspondent Sharon Epperson has tips on how to compare different credit cards to find the best value inside that fine print.
The banking industry has piled on about $18 billion of card loans and other types of revolving credit within just three months, the FT reports.
MasterCard reported a 6.7 percent rise in quarterly profit as consumers spent more on cards using its network.
CAIRO, July 27- Egypt's largest listed bank, Commercial International Bank, became the latest lender on Wednesday to reduce the amount of foreign currency customers can spend and withdraw abroad using debit and credit cards. Last month, Egypt's central bank wrote to bank chiefs asking that they "ensure that debit cards, including pre-paid cards, issued in local...
Gil Luria, Wedbush Securities, discusses the recently announced partnership between Visa and PayPal allowing Visa debit customers to instantly move money on PayPal.
Stolen personal data can fetch millions from buyers. Experts reveal how transactions are made and which info commands the highest price.
Paypal and Visa announced a partnership Thursday.