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  • LOS ANGELES, March 22- The California Department of Motor Vehicles has opened an investigation into a possible security breach of its credit card processing services, a spokesman for the agency said. Representatives from MasterCard Inc and Visa Inc could not immediately be reached for comment.

  • March 22- The California Department of Motor Vehicles has opened an investigation into a possible security breach of its credit card processing services, a spokesman for the agency said.

  • WASHINGTON, March 21- The U.S. Consumer Financial Protection Bureau said on Friday it is increasing efforts within the agency to create a more diverse and fair work environment following concerns about discrimination.

  • Tech M&A deals have been 'preposterous': Pro     Thursday, 20 Mar 2014 | 7:24 PM ET

    Keith Fitz-Gerald, Chief Investment Strategist, Money Map Press, says he is shifting his attention away from mergers and acquisitions in the technology field to the financial sector.

  • The e-retailer had commissioned a forensic audit by Trustwave after Discover Card, owned by Discover Financial Services, first alerted the company last August that it was a likely point of compromise.

  • UPDATE 3-GE files to spin off credit card unit Thursday, 13 Mar 2014 | 1:15 PM ET

    *Goldman Sachs, JP Morgan, Citigroup, Morgan Stanley are lead underwriters. *Unit seeks $20 bln to $25 bln valuation- Bloomberg. GE will look to raise as much as $3.5 billion from the IPO and seek a valuation of $20 billion to $25 billion for the unit, Bloomberg reported, citing people with knowledge of the matter.

  • WASHINGTON, March 13- A Target Corp team of security experts, armed with a malware detection tool made by FireEye Inc, alerted company officials about a possible data breach on Nov. 30, but they failed to respond to the warning signs, according to a media report on Thursday.

  • UPDATE 2-GE credit card unit files to go public Thursday, 13 Mar 2014 | 9:11 AM ET

    *Goldman Sachs, JP Morgan, Citigroup, Morgan Stanley are lead underwriters. March 13- General Electric Co's credit card unit filed for an initial public offering, the first step in the conglomerate's planned exit from the retail finance business.

  • *Goldman Sachs, JP Morgan, Citigroup, Morgan Stanley are lead underwriters. Synchrony Financial filed a $100 million placeholder with the U.S. Securities and Exchange Commission on Thursday and GE said it expects to complete the IPO later this year. Goldman Sachs& Co, JP Morgan, Citigroup and Morgan Stanley are lead underwriters for the IPO, according to the filing.

  • WASHINGTON, March 7- U.S. consumer credit grew in January but was held back by a contraction in credit card usage that could be a negative sign for the economy. Total consumer credit rose by $13.7 billion to $3.1 trillion, the Federal Reserve said on Friday. Economists polled by Reuters had expected consumer credit to rise by $14 billion in January.

  • WASHINGTON, March 7- The U.S. Consumer Financial Protection Bureau has hired an outside firm to study fairness in its employees' performance ratings, the agency said on Friday in response to concerns about discrimination. House Financial Services Committee Chairman Jeb Hensarling of Texas and two fellow Republicans made the request in a letter to the bureau.

  • MasterCard, Visa form new payment security group Friday, 7 Mar 2014 | 11:37 AM ET

    Credit card companies MasterCard and Visa said they had formed a new cross-industry group to enhance payment system security across networks.

  • March 7- Credit card companies MasterCard Inc and Visa Inc said they had formed a new cross-industry group to enhance payment system security across networks.

  • March 7- Credit card companies MasterCard Inc and Visa Inc said they had formed a new cross-industry group to enhance payment system security across networks.

  • WASHINGTON, Feb 27- The Republican-led U.S. The Consumer Financial Protection Bureau, or CFPB, was created as part of the 2010 Dodd-Frank law to help protect Americans from financial scams.

  • For-profit college charged with predatory lending Thursday, 27 Feb 2014 | 2:03 PM ET
    Daniel Webster College in Nashua, N.H.

    The federal government accused ITT Educational Services, one of the largest for-profit post-secondary education chains, of making predatory loans.

  • WASHINGTON, Feb 26- The U.S. consumer watchdog said on Wednesday it has sued ITT Educational Services Inc for what the agency says are predatory student lending practices that could lead borrowers to default on their loans.

  • Feb 26- General Electric Co said it would pay $1.7 billion to Japan's Shinsei Bank Ltd to end exposure to interest repayment claims related to the sale of its Japanese consumer loan business to the bank in 2008.. GE said on Wednesday the deal would reduce fourth-quarter and 2013 earnings by $1 billion and earnings per share by 9 cents.

  • Discover Financial faces US probe over student lending Tuesday, 25 Feb 2014 | 5:47 PM ET

    The Consumer Financial Protection Bureau has issued a civil investigative demand to Discover Bank seeking information regarding certain student loan servicing practices, Discover said in its annual filing on Tuesday.

  • Most and least expensive states for car insurance Monday, 24 Feb 2014 | 7:41 AM ET

    Insure.com has ranked car insurance premiums in every state. Here are the five best and five worst places to find affordable auto insurance.

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