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  • *Russia has started efforts to launch own system. Prompted by the suspension of Visa and Mastercard services to Bank Rossiya because of Western sanctions over Crimea, Russian officials have revived attempts to create a national payment system.

  • 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.

  • California DMV probing possible credit card breach Saturday, 22 Mar 2014 | 7:37 PM ET
    A security guard patrols the empty parking lot of the State of California Department of Motor Vehicles (DMV) in Pasadena, California.

    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.

  • Early movers: TIF, DRI, BA, NKE, SYMC, TWC & more Friday, 21 Mar 2014 | 7:34 AM ET
    Traders on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • After-hours buzz: Nike, Symantec & More Thursday, 20 Mar 2014 | 5:00 PM ET
    Pedestrians walk past a Nike Inc. store at night in the East Nanjing Road shopping area of Shanghai, China.

    Nike among the companies in the news after the bell Thursday.

  • Fed: 29 out of 30 banks meet stress test requirements Thursday, 20 Mar 2014 | 4:45 PM ET

    The Federal Reserve's most recent stress test shows 29 out of 30 U.S. banks met their stress test capital requirements.

  • WASHINGTON, March 20- U.S. big banks have enough capital buffers to withstand a drastic economic downturn, the Federal Reserve said on Thursday, announcing that 29 out of 30 major banks met the minimum hurdle in its annual health check.

  • Your first trade for Friday Thursday, 20 Mar 2014 | 2:29 PM ET

    The "Fast Money" traders share their final trades of the day.

  • New round of bank stress tests: What to watch for Thursday, 20 Mar 2014 | 9:03 AM ET

    Some interesting developments could crop up in the new round of stress tests applied by the Fed on banks.

  • 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.

  • 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.

  • Your first trade for Tuesday Monday, 24 Feb 2014 | 1:12 PM ET

    The "Fast Money" traders share their final trades of the day.

  • Bank regulators are increasing risk: Bove Thursday, 13 Feb 2014 | 12:03 PM ET

    Regulators are actually increasing risk in the US banking system, says bank analyst Richard X. Bove.

  • Whether PIN or signature, smart cards are coming Thursday, 13 Feb 2014 | 7:03 AM ET
    Visa smart card with Europay, MasterCard and Visa chip, which replaces the magnetic strip.

    The big question is what type of smart cards will US banks issue: Will they require a PIN code for authentication or simply a signature?

  • WASHINGTON/ NEW YORK, Jan 23- Congress turned up the heat on Target Corp on Thursday, summoning the company's chief financial officer to testify at a Senate hearing, while Democrats on a House committee asked the No. 3 retailer to turn over a slew of documents related to its massive data breach.

  • *4th- quarter net income rises to $588 mln from $530 mln last year. *Earnings per share $1.23 vs analysts' estimate $1.18. Jan 23- Credit card issuer Discover Financial Services reported a better-than-expected 11 percent rise in quarterly profit as more consumers used cards to make payments.

  • *4th- quarter net income rises to $588 mln from $530 mln last year. *Earnings per share $1.23 vs analysts' estimate $1.18. Jan 23- Credit card issuer Discover Financial Services reported a better-than-expected 11 percent rise in quarterly profit as more consumers used cards to make payments.

  • Discover Financial profit rises 11 pct Thursday, 23 Jan 2014 | 4:16 PM ET

    Jan 23- Credit card issuer Discover Financial Services reported an 11 percent rise in fourth-quarter profit as more consumers used cards to make payments. Net income allocated to common stockholders rose to $588 million, or $1.23 per share, in the quarter ended Dec. 31, from $530 million, or $1.06 per share, a year earlier.

  • So far, about 2,400 payment cards used at Neiman Marcus' various chains have been used fraudulently, CEO Karen Katz wrote in a statement on the company's website, citing notification from credit card networks Visa Inc, MasterCard Inc and Discover Financial Services.

  • Jan 23- Target Corp's chief financial officer will testify before the U.S. Senate Judiciary Committee on Feb. 4 about a massive data breach in what is likely to be the first time the retailer publicly answers questions about the unprecedented attack.

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