Tag: Credit Card

Visa, MasterCard Data Breach Impacted Fewer Than 1.5 Million, Global Payments Reports

Visa, MasterCard Data Breach Impacted Fewer Than 1.5 Million, Global Payments Reports

ATLANTA (AP) — A recent data breach may affect less than 1.5 million credit cards in North America, according to the card processor involved. Visa and Mastercard announced Friday that they had notified their card holders of the potential for identity theft and illicit charges because of the breach. The card processor, Global Payments, put [...]

April 2, 2012 | 0 Comments More
US gets chance to catch up on credit card security

US gets chance to catch up on credit card security

NEW YORK (AP) — The next time you swipe your credit card at check-out, consider this: It’s a ritual the rest of the world deems outdated and unsafe. The United States is the only developed country still hanging on to credit and debit cards with those black magnetic stripes, the kind you swipe through retail [...]

September 10, 2011 | 0 Comments More
Credit Cards You Can’t Have

Credit Cards You Can’t Have

Consumers generally accept that the best credit cards are reserved for members of the credit elite, but there are some cards that even a perfect credit score can’t guarantee. “There are cards that are invitation only,” Beverly Harzog, an expert with Credit.com, tells MainStreet. The most widely known of these elusive credit cards is the [...]

August 18, 2011 | 0 Comments More
Credit card delinquencies mostly improve in July

Credit card delinquencies mostly improve in July

BOSTON (AP) — The nation’s top credit card companies on Monday reported mixed progress in reducing the rate at which customers default on their accounts. Higher monthly default rates at Bank of America and Citigroup offset improvements for most other major card issuers. Analysts said July’s mixed results, along with the recent slowdown in the [...]

August 16, 2011 | 0 Comments More
Credit Cards Should Be Safe From Downgrade Debacle

Credit Cards Should Be Safe From Downgrade Debacle

Stocks have kept investors on edge during the past week as the Dow swings from boom to bust. For consumers, it’s a good time to step away from the market mayhem to survey the damage and potential threats to their finances. One area that is getting short shrift — but shouldn’t — is the impact [...]

August 12, 2011 | 0 Comments More
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