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Stories related to: credit card

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Stories 21 - 29 of 29

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  • November 2007

    • Visa Heads for Biggest IPO in US in Years

      Wall Street Journal  |  Nov 10, 07 12:18 PM CST

      Visa Heads for Biggest IPO in US in Years

      (Newser) - Visa is moving ahead on a massive initial public stock offering expected early next year. Papers filed yesterday show that shares could be valued at $10 billion, which would make it the second-largest public offering in US history, the Wall Street Journal reports. The biggest is the $10.62 billion IPO by AT&T Wireless in 2000. More »

      Tags

      stock market  • San Francisco  • IPO  • credit card  • shares  • MasterCard  • Visa

  • October 2007

    • TJX Data Breach Exposed 94M Credit Cards

      Associated Press  |  Oct 24, 07 7:15 PM CDT

      TJX Data Breach Exposed 94M Credit Cards

      (Newser) - Cyber thieves have pinched 94 million credit cards from a discount retailer—double the last estimate—and spent up to $83 million as far as Hong Kong and Sweden, the AP reports. Banks are now suing the retailer, TJX Cos., to recover their losses. But those losses keep growing: "You know, these [card numbers] are going to be sold off for a period of time in the future, so it's going to continue," says a Visa exec. More »

      Tags

      hackers  • Hong Kong  • credit card  • Sweden  • MasterCard  • Visa  • TJX

    • Swipe at Your Own Risk

      Wall Street Journal  |  Oct 7, 07 5:27 PM CDT

      Swipe at Your Own Risk

      (Newser) - Think your credit card bill is high? Some businesses may soon have to pay Visa $25,000  for not protecting your credit-card data. Merchants are required to meet standards to keep computer systems safe from hackers. But only 44% of the 327 largest merchants have validated their compliance, reports the Wall Street Jounal . This month Visa is going to start fining offenders. But they won't tell you who the offenders are. More »

      Tags

      consumer  • hackers  • credit card

  • September 2007

    • College Kids Addicted to Credit Cards

      BusinessWeek  |  Sep 9, 07 3:07 PM CDT

      College Kids Addicted to Credit Cards

      (Newser) - College students are preferring plastic to low-rent living, a trend that has banks and consumer advocates battling over credit card plugs on campus. Critics say students are susceptible to easy money marketing and rack up too much debt. Banks blame students for not reading the fine print. With Dems in charge of the Hill, new laws may limit student credit. More »

      Tags

      college  • student  • credit card  • college student  • higher education

  • August 2007

    • Your Credit's Good With God

      Boston Herald  |  Aug 27, 07 1:41 AM CDT

      Your Credit's Good With God

      (Newser) - Franciscan friars have another deep question to ask their congregation: Paper or plastic? The brothers of St. Anthony's Shrine in Boston have installed a wireless kiosk allowing their flock to make contributions with credit or debit cards. The service is provided by SecureGive.com, created by a Georgia minister and his wife in an effort to keep up with cashless times. More »

      Tags

      religion  • Catholic Church  • credit card  • donation

    • Plastic May Pose Next Big Threat to Economy

      Chicago Tribune  |  Aug 26, 07 4:54 PM CDT

      Plastic May Pose Next Big Threat to Economy

      (Newser) - The subprime mortgage crisis may spark another financial disaster: bad credit card debt. When rates hit 50-year lows, many owners borrowed against their homes to pay off high-interest credit cards. Now, with rates increasing, many may not be able to pay down both their mortgages and their credit cards, the Chicago Tribune reports, and will default or go bankrupt. More »

      Tags

      subprime mortgages  • credit crisis  • money  • finance  • debt  • credit card  • home loans  • loans

    • Will That Be Credit, Debit, or Cellphone?

      San Jose Mercury News  |  Aug 7, 07 4:41 PM CDT

      Will That Be Credit, Debit, or Cellphone?

      (Newser) - Shoppers in the not-too-distant future may have a new option when they get to the checkout line: their cell phones. Many retailers are warming up to the idea of consumers using "contactless" payment methods—cellphones or cards with a built-in wireless chips that can process transactions with a simple tap, the San Jose Mercury News reports. More »

      Tags

      cell phones  • bank  • retail  • shopping  • credit card

  • May 2007
  • March 2007

    • Consumer Financial Savvy Peaks at 53

      Wall Street Journal  |  Mar 22, 07 11:57 AM CDT

      Consumer Financial Savvy Peaks at 53

      (Newser) - Middle aged consumers make better decisions—and fewer mistakes—than their younger and older counterparts.  A study of  thousands of credit card and home and car loan documents shows that they are the most  likely to get the lowest interest rate available  and the least likely to pay unnecessary fees, David Wessel reports. t More »

      Tags

      interest rate  • consumer  • credit card  • personal finance  • baby boomer  • capital  • experience

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