A class action suit claims that FanDuel and DraftKings could not have succeeded had it not been for the help of the credit card industry.» Read More
Oct 13- Global household wealth will grow at 6.6 percent annually, slower than the 7 percent estimated earlier, as the overall economic outlook remains weak, Credit Suisse said. "The United States will remain the undisputed leader with wealth nearing $113 trillion, but its share will decline somewhat to a third of the global total," Credit Suisse said.
Stephanie Link, whose "Halftime Report" model portfolio is up 7 percent this year, believes shares of Lear are poised to rise from here.
United said it expects a higher pre-tax profit margin for the third quarter than it had previously forecast, thanks in part to frequent fliers.
Jim Cramer thinks with winter fast approaching, money saved at the gas pump and heating bills will flow directly to this group.
The calls come amid probes by the DOJ and the Swiss Attorney General's Office into corruption at FIFA after the indictment of 14 execs in May.
Stephanie Ericksen, Vice President, Global Risk Products, Visa, discusses the move to chips in credit/debit cards and what it means for consumers.
CNBC's Courtney Reagan reports on new credit card systems at retailers, including Target.
Businesses big and small are preparing for a major shift in their credit and debit card systems.
Six out 10 U.S. credit card holders still don't have a chip-enabled card and most merchants aren't ready for them.
*Annual limit at 100,000 yuan, daily limit at 10,000 yuan. BEIJING, Sept 30- China will introduce an annual cap of 100,000 yuan on cash withdrawals made through UnionPay cards outside the country from 2016, the nation's foreign exchange regulator said, to combat money laundering amid concerns about capital flight. Cards issued by Visa Inc and MasterCard Inc will...
CHICAGO, Sept 29- The majority of payment terminals at U.S. merchants will not be ready to accept cards with embedded microchips aimed at reducing fraud by Oct. 1, missing a deadline set by banks and credit card companies, according to the National Retail Federation. The urgency to meet the new standards, known as EMV, which stands for Europay, MasterCard and Visa, for...
By a 3-0 vote, the 2nd U.S. Circuit Court of Appeals said the law, which subjects retailers to criminal penalties for imposing surcharges on customers who pay with plastic rather than cash, does not violate the retailers' free speech or due process rights under the U.S. The decision is a defeat for retailers that have long complained about the cost of accepting...
U.S. stocks closed sharply lower as uncertainty about the timing of a rate hike and concerns about global economic growth continued to weigh.
NEW YORK, Sept 28- A U.S. appeals court on Monday weighed whether to uphold the approval of an estimated $5.7 billion antitrust settlement by MasterCard Inc and Visa Inc with merchants over credit card fees despite the objection of several major retailers. The settlement, the largest in a U.S. antitrust class action, resolved lawsuits by merchants pending since...
Experts expect cyberattacks to continue in 2016, as the biggest targets haven't done much to step up security. Here are areas most at risk.
Carli Lloyd, 2015 Women's World Cup FIFA winner, says she's already preparing for her next big challenge, the summer Olympics in 2016.
Carli Lloyd, 2015 Women's World Cup FIFA winner, talks about preparing for the next Olympic Games in Brazil, sponsorships, and becoming part of Team Visa.
You may have received a new credit card or debit card with a computer chip embedded in it in the mail recently.
Dmitriy Smilianets, 32, pleaded guilty on Wednesday in federal court in Camden, New Jersey, to conspiring to commit wire fraud, three years after his arrest in what authorities say was the largest computer hacking scheme ever prosecuted in the United States. Smilianets, a Moscow resident, made his plea a day after another Russian, Vladimir Drinkman, 34, pleaded...
Vladimir Drinkman, 34, admitted to conspiring to illegally access computers and conspiring to commit wire fraud before Chief Judge Jerome Simandle of the federal district court in Camden, New Jersey, federal prosecutors said. Sixteen companies' networks were infiltrated, including those of Nasdaq OMX Group Inc, 7- Eleven, France's Carrefour SA, JC Penney Co,...