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  • Feds sound alarm about prepaid card fraud Friday, 1 Aug 2014 | 9:31 AM ET
    The MoneyPak card from Green Dot.Credit.

    The MoneyPak card, used to transfer cash by those without conventional bank accounts, has caught the eye of criminals. The NYT reports.

  • *Shares touch low of $22.60, below IPO price of $23. July 31- General Electric Co's credit card unit, Synchrony Financial, made a muted debut on the New York Stock Exchange on Thursday as investors remained ambivalent about the chances of a consumer-led U.S. economic recovery.

  • *Shares touch a high of $24, above IPO price $23. July 31- General Electric Co's credit card unit, Synchrony Financial, made a muted debut on the New York Stock Exchange on Thursday as investors remained ambivalent about the chances of a consumer-led U.S. economic recovery.

  • GE credit card unit Synchrony makes muted debut on NYSE Thursday, 31 Jul 2014 | 9:55 AM ET

    July 31- General Electric Co's credit card unit, Synchrony Financial, made a muted debut on the New York Stock Exchange on Thursday as investors remained ambivalent about a consumer-led U.S. economic recovery. Synchrony's shares touched a high of $24 before slipping to $22.75, just below the offer price of $23 per share.

  • July 31- MasterCard Inc, the world's second-largest debit and credit card company, posted a better-than-expected 10 percent rise in quarterly profit, as more customers used its cards to make purchases. MasterCard shares were up 2.8 percent at $78 in trading before the bell on Thursday.

  • MasterCard quarterly profit rises 10 pct Thursday, 31 Jul 2014 | 8:05 AM ET

    July 31- MasterCard Inc, the world's second-largest debit and credit card company, posted a 10 percent rise in quarterly profit, as more customers used cards to make purchases. The company's net income rose to $931 million, or 80 cents per share, in the second quarter ended June 30, from $848 million, or 70 cents per share, a year earlier.

  • July 30- General Electric Co's credit card unit, Synchrony Financial, raised $2.88 billion in the biggest initial public offering so far this year, the company said on Wednesday.

  • American Express profit rises on more card use Tuesday, 29 Jul 2014 | 4:48 PM ET
    American Express credit cards

    American Express reported a 9 percent rise in quarterly profit as more customers used its credit cards in a recovering U.S. economy.

  • July 29- American Express Co reported a bigger-than-expected 9 percent rise in quarterly profit as more customers used its credit cards in a recovering U.S. economy.

  • The average U.S. debt load is approximately $5,200. Personal finance expert Lynnette Khalfani-Cox of AskTheMoneyCoach.com, provides perspective on financial behaviors.

  • Visa earnings surpass analysts' expectations Thursday, 24 Jul 2014 | 4:05 PM ET
    Visa credit and debit cards are arranged for a photograph in New York.

    Visa Inc, the world's largest credit and debit card company, reported an 11 percent rise in quarterly profit.

  • July 18- The success of General Electric Co's impending initial public offering for its private-label credit card unit could ride on investors' willingness to bet that a lukewarm consumer-led U.S. economic recovery heats up.

  • July 18- General Electric Co's credit card unit, Synchrony Financial, said it expects to raise up to $3.25 billion in a public offering of shares, in what is expected to be the biggest U.S. The offering of 125 million shares is expected to be priced at between $23 and $26 per share, the company said in a filing with the U.S. Securities and Exchange Commission on Friday.

  • The company said it expects to price the offering of 125 million shares at between $23 and $26 per share, the company said in a filing with the U.S. Securities and Exchange Commission on Friday.

  • Capital One profit rises 8 pct on card growth Thursday, 17 Jul 2014 | 4:18 PM ET

    July 17- Capital One Financial Corp, one of the largest U.S. credit card issuers, reported an 8 percent rise in quarterly profit as card loans grew and credit quality remained stable.

  • WASHINGTON, July 16- The U.S. consumer finance watchdog on Wednesday proposed publishing on its website individuals' stories about bad experiences with credit cards, student loans and other financial services, prompting quick pushback from banks.

  • Indispensable money tips to take with you to college Saturday, 12 Jul 2014 | 2:20 PM ET

    Starting college? Don't forget to take along these tips for managing and saving your money.

  • MasterCard reveals its top tourist destinations     Wednesday, 9 Jul 2014 | 11:50 AM ET

    As MasterCard's Global Destination Cities Index reveals that top destinations are spending more on infrastructure, Ann Cairns, the company's president of international markets, says it's worth noting that other things also determine tourist numbers.

  • U.S. consumer credit rises by $19.6 billion in May Tuesday, 8 Jul 2014 | 3:00 PM ET

    WASHINGTON, July 8- U.S. consumer credit rose in May, a sign that easy monetary policy was providing substantial support for the economy. Total consumer credit increased by $19.6 billion to $3.19 trillion, the Federal Reserve said on Tuesday. Analysts polled by Reuters expected an increase of $20 billion in the month.

  • NEW YORK, July 3- American Express Co is set to face off against the U.S. government and 17 states in a trial that begins on Monday over claims that it stifles competition from credit card providers that charge lower processing fees.