American Express Co. rose$. 03 or percent, to $87.10. Capital One Financial Corp. fell$. 04 or. 1 percent, to $75.07. Discover Financial Services fell$. 43 or. 8 percent, to $56.24.» Read More
THE HAGUE, Netherlands— Law enforcement authorities have arrested 70 people at airports around the world in a meticulously coordinated crackdown targeting criminals using fake or stolen credit cards to buy airline tickets.
After high-profile retail data breaches the industry is accelerating a shift to EMV technology, but it won't solve all the industry's problems.
Credit and debit card fraud is a multibillion-dollar problem, but putting an exact figure on the cost is not that easy.
WASHINGTON, April 9- Bank of America agreed to pay nearly $800 million in fines and restitution to settle allegations of deceptive marketing and unfair billing involving credit card products, U.S. regulators said on Wednesday. Bank of America neither admitted nor denied wrongdoing, the bureau said.
CNBC's Jon Fortt and CNBC contributor Natali Morris explain an exposed security flaw affecting most of the internet.
CNBC's Mary Thompson explores data from Javelin Strategy & Research that claims debit and credit card fraud in 2013 rose 4.6 percent in 2013, impacting 8 percent of U.S. consumers.
CNBC's Kayla Tausche reports Bank of America reached a settlement of about $800 million over credit card practices.
WASHINGTON, April 7- U.S. consumer credit rose more than expected in February, likely reflecting a surge in demand for student and automobile loans. Total consumer credit increased by $16.49 billion to $3.13 trillion, the Federal Reserve said on Monday.
*Popular in talks with Citi over Spanish retail unit. MADRID, April 4- Banco Popular said on Friday it was in talks to buy Citigroup's retail banking and credit card business in Spain, where other foreign players struggling to compete with local banks after a financial crisis have considered exits.
Bank of America is close to settling with a U.S. regulator over the sale of services sold as add-ons to credit cards.
WASHINGTON, April 3- Bank of America Corp is close to settling with a U.S. consumer regulator over the sale of services sold as add-ons to credit cards, sources familiar with the talks said.
WASHINGTON, April 3- Bank of America Corp is close to a settlement with the U.S. Consumer Financial Protection Bureau over problems with products sold as add-ons to credit cards, sources familiar with the talks said.
US CONSUMER REGULATOR CLOSE TO SETTLEMENT WITH BANK OF AMERICA OVER CREDIT CARD ADD-ON PRODUCTS-SOURCES.
April 3- Bank of America Corp is in talks to may pay more than $800 million to settle allegations by the Consumer Financial Protection Bureau that it forced customers to sign up for extra credit-card products, the Wall Street Journal reported, citing people familiar with the matter.
April 1- Wells Fargo& Co said on Tuesday that it agreed to issue and service credit cards for retailer Dillard's Inc, the latest move by the fourth-largest U.S. bank to boost its card business.
April 1- Two U.S. banks that sued Target Corp and credit card security firm Trustwave Holdings Inc over responsibility for one of the largest data breaches on record have at least for now dropped their lawsuit.
March 29- Trustwave Holdings Inc, a credit-card security firm that has been sued along with Target Corp over a sweeping data breach, said on Saturday it did not process cardholder data for the retailer or handle Target's data security as a lawsuit alleges.
Consumer reporter Kelli Grant tells consumers key things to look for when comparing travel credit cards.
CNBC's Kelli Grant reports on the benefits for American Express platinum card holds under new credit card rules.
AmEx Platinum cardholders are losing some lounge access, but gaining free Wi-Fi. When does the $450 annual fee pay off?