Feb 4- Online retailer Amazon.com Inc has renewed its long-running credit card relationship with JPMorgan Chase& Co, the Wall Street Journal reported. At least one other card issuer was also interested in a tie-up with Amazon for payment cards, the Journal reported on Thursday, citing people familiar with the matter. The financial details of the deal were not...» Read More
Are you keeping a financial secret from your significant other? Well, you're not alone.
Here's what fraudsters are doing with your identity now, even as credit cards are armed with new technology.
MADRID, Feb 1- Spain's High Court said on Monday it would open a trial against former International Monetary Fund chief Rodrigo Rato and dozens of other people alleged to have misused credit cards for personal expenses while at Spanish lender Bankia. Rato, a former Spanish finance minister and one-time leadership contender for the ruling centre-right...
MADRID— Spain's National Court says it will try Rodrigo Rato, the former head of the International Monetary Fund, and 65 others for alleged misuse of corporate credit cards issued by Spain's Bankia group. The court said in a statement Monday that there were signs of fraudulent administration and misappropriation of bank funds by the accused in the use of the "...
MADRID, Feb 1- Spain's High Court said on Monday it will open a trial against former IMF chief Rodrigo Rato and dozens of other people alleged to have misused credit cards for personal expenses while at Spanish lender Bankia. Rato, a former Spanish finance minister and one-time leadership contender for the center-right People's Party, has denied wrongdoing in...
Payment services company Visa reported better-than-predicted earnings on Thursday despite headwinds from a strong U.S. dollar.
RIVERWOODS, Ill.— Discover Financial Services on Wednesday reported fourth-quarter net income of $500 million. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $1.30 per share. Eight analysts surveyed by Zacks expected $1.8 billion.
PayPal reported quarterly earnings and revenue that beat analysts' expectations on Wednesday.
Wendy's encouraged customers to watch for unauthorized charges on their cards.
Nicolas Huss, CEO of Visa Europe, discusses his company's record revenue of 2.3 billion euros for the year and the changing way people are paying for goods.
It usually takes consumers seven to 10 years to erase negative marks from their credit, according to Credit Karma.
NEW YORK, Jan 25- All this time you thought your romantic appeal was due to your clothes, your looks or your charming personality. Turns out, all you had to do was cut up your credit card. "People just don't want to enter into a relationship with someone with debt," said Sean McQuay, NerdWallet's credit card expert. "
Jan 22- Activist hedge fund ValueAct Capital Management LP, managed by Jeff Ubben, is no longer a shareholder in credit card issuer American Express Co, CNBC reported, citing sources. ValueAct Capital Management, which played a key role in shaking up Microsoft Corp's management, is known for making long-term investments. American Express and ValueAct Capital...
Jan 21- Credit card issuer American Express Co said it would cut $1 billion in costs by the end of 2017 as it responds to intensifying competition in the payments industry. Net income attributable to common shareholders fell to $873 million, or 89 cents per share, for the quarter ended Dec. 31, from $1.44 billion, or $1.39 per share, a year earlier.
Earnings per share, excluding certain items, came in at $1.23 on $8.39 billion in revenue.
SOUTHWEST EXPECTS $110 MILLION BENEFIT IN FIRST QUARTER FROM CHASE CREDIT CARD MARKETING AGREEMENT- CFO.
*Fourth-qtr EPS $0.29 vs. est. Bank of America said on Tuesday its provision for credit losses in global banking increased by $264 million in the quarter ended Dec. 31, mainly due to higher energy-related charge-offs and reserve increases for energy exposure. The bank has $21.3 billion in energy-related loans, representing about 2 percent of total loans, Chief...
DELTA EARNED $100 MILLION IN FOURTH QUARTER FROM CREDIT CARD MARKETING AGREEMENT WITH AMERICAN EXPRESS- DELTA PRESIDENT.
MADRID/ LONDON Jan 19- Barclays is selling its credit card operations in Spain and Portugal, and Spanish bank Santander and U.S. private equity firm Apollo are among the interested parties, according to four sources familiar with the matter. It has already sold its retail and corporate banking divisions in Spain and Portugal as part of a drive to shrink its...
SANTANDER, BANKINTER, BANCO POPULAR AND APOLLO CONSIDERING BIDS FOR BARCLAYS' IBERIAN CREDIT CARD BUSINESS- SOURCES.