CreditCardsCo Blog Topic - ' Financial News'
The FDIC program that provided temporary deposit insurance in an effort to keep small businesses banking with its those in their communities is set to expire in December. The repercussions are many.
Capital One is the first credit card company to be hit by a fine from the Consumer Financial Protection Bureau. Other banks, including JPMorgan Chase and Bank of America could be next.
The successful CFPB will soon be overseeing the credit agencies in the U.S. including the three major bureaus.
Things aren’t looking so good for the economic outlook in 2013. Politicians are too busy with the upcoming election to pay attention to things like the very real possibility of another recession in 2013.
The FBI and other federal agencies are now in on the JPMorgan investigation. How serious are these probes and investigations and why is Jamie Dimon still the one smiling?
Hindsight is 20/20, but how much of a difference in the massive $2 billion mistake would the Volcker Rule have made were it in place?
Is the Global Payments crisis “mushrooming”? Some analysts think so. Here’s the latest on the Global Network breach that could be affecting millions of consumers this very moment.
New audits uncover disturbing decisions made by five of the nation’s largest mortgage servicers. Some are demanding felony charges be filed.
Big changes at Capital One include the acquisition of ING Direct and the almost-certain acquisition of HSBC credit cards.
Wouldn’t it be great for our credit card companies to reward us with impressive contest winnings? A trip to the Grammy Awards and cold hard cash during tax season are up for grabs.
Even though Visa has a wide head start, MasterCard is finally on board with the new credit card EMV chip technology that promises better protection against fraud.
Visa and MasterCard seem to have bowed to the latest in the Julian Assange/WikiLeaks controversy. They’re now allowing credit card donations by their card holders to the controversial website.