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.
General Motors, Southwest and American Express are making headlines this Thursday morning after reporting their latest earnings results.
American Express reported quarterly earnings that beat analysts' earnings per share estimates and missed revenue estimates.
July 20- Credit card issuer American Express Co reported a 37 percent rise in quarterly profit, driven by higher spending by its customers and lower expenses due to a sale of its loan portfolio. Net income attributable to common shareholders rose to $2.02 billion, or $2.10 per share, for the second quarter ended June 30 from $1.47 billion, or $1.42 per share, a year...
James Anderson, Mastercard Head for Mobile & Emerging Payments, discusses the credit card company's new digital wallet, MasterPass.
For investors, cybercrime can be especially painful if personal data and information about investment accounts get into the wrong hands.
Crucial information was stolen in the malware attack that affected about 1,025 of its franchised restaurants.
LONDON, June 29- British consumer borrowing expanded at the fastest annual rate since 2005 in May, but analysts said this could be a high watermark before the shock of last week's vote to leave the European Union spreads through the economy. Consumer lending expanded 9.9 percent compared with a year ago, the biggest annual increase since November 2005 and up from...
HAVANA, June 27- MasterCards from Florida- based Stonegate Bank are the first U.S.-issued credit cards that can be used to withdraw cash at automatic teller machines in Cuba, the first vice president of the country's central bank said on Monday. Irma Margarita Martinez, speaking to media on the sidelines of a financial services conference, said Cuba was open to...
June 24- A Filipino man has been criminally charged in New Jersey with running a large and sophisticated scheme to hack into the bank and credit card accounts of well-known or celebrity customers, U.S. prosecutors said. In June 2015, The Philippine Star newspaper said former FBI director Robert Mueller was among the victims, without saying where it got the...
The wholesale retailer is switching its customers over to new Visa credit cards from Citigroup.
CNBC's Kayla Tausche reports on the breakup between Costco and American Express.
JERUSALEM, June 13- Israel agreed to made it easier for challengers to the country's dominant banks on Monday and required its top two lenders to sell their credit card businesses to further boost competition. Finance Minister Moshe Kahlon was elected last year with a promise to shake up the banking sector, dominated by Hapoalim, Leumi and Discount, which...
The retail giant points to 'unacceptably high fees' for the change, saying it pay more than $78-million in credit card charges every year.