Debt Credit Cards

  • NEW YORK, Sept 23- Trump International Hotels Management LLC agreed to pay $50,000 to settle with New York State over data breaches that exposed 70,000 credit card numbers and other personal information, New York Attorney General Eric Schneiderman announced on Friday. According to Schneiderman, bank analyses of hundreds of fraudulent credit card...

  • NEW YORK, Sept 23- IBM said on Friday it completed a pilot project with Chinese credit card company China UnionPay that will facilitate the sharing of loyalty bonus points among banks using block chain technology. Shen Xiaowei, director of IBM Research-China and chief technology officer of IBM Great China Group said the company also is partnering with the...

  • ALBANY, N.Y.— The Trump Hotel Collection company has agreed to pay $50,000 and shore up data security after breaches exposed more than 70,000 credit card numbers and other personal data, the state's attorney general said on Friday in announcing a settlement. In May 2015, multiple banks analyzed hundreds of fraudulent credit card transactions and determined...


  • Shop at Kohl's without your wallet

    The department store chain will let loyal customers buy items using a mobile app.

  • NEW YORK— Many frequent fliers are buzzing about the latest travel rewards credit card— one that comes with a hefty $450 annual fee but offers a juicy 100,000 point bonus at sign-up. Rewards cards lure us in with dreams of a free trip to some warm tropical beach. You're going to spend money— why not get a vacation out of it.

  • Cramer: Financial stocks that win, regardless of what the Fed says

    Jim Cramer reviews the charts of payment processing plays like PayPal, Visa and Mastercard.

  • Sept 19- Wells Fargo& Co's chief executive, John Stumpf, will tell U.S. senators on Tuesday that he is "deeply sorry" for selling customers unauthorized bank accounts and credit cards and that he would take "full responsibility" for the unethical activity, the New York Times reported on Monday. Stumpf will strike a contrite tone in a testimony over the fake accounts at...

  • NEW YORK— When Wells Fargo CEO John Stumpf testifies before a Senate committee hearing Tuesday, it won't be just his bank under fire for turning friendly branches into high-pressure sales centers. It'll be the entire industry. Wells Fargo is in the spotlight now after its employees allegedly opened up to 2 million bank and credit card accounts, transferred...

  • Money counting, young adult

    Financial advisor Sophia Bera says there are 3 mistakes Gen Y clients must avoid in order to ensure a secure financial future.

  • Elderly people in debt/ retired

    Credit-card debt is a huge financial concern for seniors, right behind medical bills and just ahead of paying for utilities.

  • A customer enters their pin number while making a chip and pin payment using a Visa payment card.

    Credit card debt can be a huge concern for seniors and one of the biggest challenges for retirees is that they have too much debt. CNBC’s Sharon Epperson provides tips on how to handle credit card debt in your golden years.

  • Where are consumers spending?

    America's household income rose 5.2% from 2014, but restaurant stocks are still down. CNBC's Dominic Chu reports. The “Fast Money” traders weigh in.

  • Amber Cooney, who realized that planning and the right credit card rewards programs could net her free vacations, at a coffee shop in Austin, Texas, Sept. 9, 2016. The weapon of choice in the arms race among large credit cards issuers to capture affluent consumers is premium cards with lavish rewards programs, which in spite of steep annual fees can make bottom-line sense for some consumers.

    Chase Sapphire Reserve is intesifying the arms race among large credit card issuers. The NYT reports.

  • Couple doing paperwork

    A new study finds that credit card agreements are literally too hard for most Americans to read. NBCNews reports.

  • MasterCard facing $19B lawsuit

    The payments company is accused of charging excessive fees to stores in London.

  • Xiaomi enters the mobile payments market

    Hugo Barra, VP at Xiaomi Global, says that Mi Pay will let users add debit and credit cards, as well as transport cards, to their mobile wallets.

  • Woman stress bills

    A huge portion of people in the U.S. don't grasp the terms and conditions of their credit card agreements, a new study suggests.

  • The two companies have an existing partnership for co-branded consumer credit cards in the United States and Puerto Rico. The company's revenue in the second quarter rose more than 15 percent to $2.65 billion from a year earlier and the volume of payments it processes jumped 28 percent to $86.21 billion. The partnership with MasterCard was first reported by...

  • NEW YORK, Aug 31- With massive travel reward point bonuses on the table this fall, consumers who sign up for a new credit card could be flying free for spring break. That leaves 15,338 miles on the table, or about $177. Reuters spoke with Nerdwallet's credit card expert Sean McQuay about the ins and outs of applying for new credit cards and how to maximize the benefits.