Former U.S. Chief Tech Officer Aneesh Chopra, discusses new systems in place to prevent credit card fraud, and keeping mobile shopping secure for consumers.» Read More
WASHINGTON, Nov 2- Banks lowered lending standards for U.S. mortgages in the third quarter and a modest share of them made it easier for households to get credit card and auto loans, according to a survey of loan officers released on Monday by the Federal Reserve. The U.S. central bank said the easing of standards for mortgages applied to loans that qualified to be...
Visa is buying former subsidiary Visa Europe in a deal worth about $23.4 billion in cash and stock.
There's a lot of synergies in this deal and estimate it's worth at least $5 of equity value to the stock, says Kevin McVeigh, Macquarie Research, discussing Visa's acquisition of Visa Europe.
JETBLUE WILL LAUNCH NEW CREDIT CARD MARKETING AGREEMENT FOR LOYALTY CUSTOMERS IN FIRST QUARTER OF 2016- EVP, COMMERCIAL& PLANNING.
Samsung Pay Global Co-GM Thomas Ko discusses how his Apple Pay competitor is keeping pace.
USAA, one of the largest U.S. issuers of debit and credit cards, is switching to Visa from its longtime partner, MasterCard.
As more consumers turn to social media, a growing number of hackers are using fake accounts to phish for account credentials.
Oct 22- U.S. retailers dangle enticing bait to sign up for store-branded credit cards but biting could be a costly decision for consumers, particularly for pricey items like engagement rings, computers or dining room sets that may take months, or even years, to pay off. A recent analysis of 64 cards from 42 retailers by CreditCards.com found that the average...
Oct 21- American Express Co, the world's largest credit card issuer, reported a quarterly profit that missed analysts' estimates as costs rose and a strong dollar ate into revenue from its international business. The company's net income attributable to common shareholders fell to $1.23 billion, or $1.24 per share, in the third quarter ended Sept. 30, from $1.47...
RushCard, founded in 2003 by the hip-hop impresario Russell Simmons, says that its problems are mostly fixed but complaints remain, the NYT reports.
Discussing the outlook for the IPO market, with J.D. Moriarty, Bank of America Merrill Lynch's head of Equity Capital Markets Group.
Discussing the market environment for payment product companies, with Gil Luria, Wedbush Securities managing director
After shares of First Data traded higher following its IPO at the NYSE, CEO Frank Bisignano discusses his relationship with JPMorgan, and the "client-centric" business.
How vulnerable are you to fraud even with chip cards? CNBC's Eamon Javers reports on chip card safety.
CNBC's Eamon Javers reports the newly issued credit cards with enhanced security are "vulnerable to fraud," according to the FBI.
WASHINGTON, Oct 7- Banks and credit card companies may not force customers to sign away their legal rights to take part in class action lawsuits, under an early-stage U.S. government proposal that is likely to draw ire from Wall Street. The 2010 Dodd-Frank Wall Street reform law gave both the CFPB and the Securities and Exchange Commission the power to restrict or...
Osama Bedier, Poynt CEO and Google Wallet creator, discusses the shift to smarter credit cards.
Stephanie Ericksen, Vice President, Global Risk Products, Visa, discusses the move to chips in credit/debit cards and what it means for consumers.
CNBC's Courtney Reagan reports on new credit card systems at retailers, including Target.
More than 60 percent of U.S. credit card holders admit they don’t have a ‘chip-enabled’ card, a survey suggests. Chris Britt, co-founder & CEO of Chime, discusses the new research.