CreditCardsCo Blog Topic - ' Financial News'
Concerned Over Possible FDIC Dissolution?
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.
CFPB Now Overseeing Credit Bureaus
The successful CFPB will soon be overseeing the credit agencies in the U.S. including the three major bureaus.
Is a Recession Possible in 2013?
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.
Criminal Probe into JPMorgan $2 Billion Loss
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?
JPMorgan $2 Billion Loss and the Volcker Rule
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?
MasterCard, Visa Report Possible Massive Breach
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.
Audits, HUD Suggest Illegal Behavior Among Banks
New audits uncover disturbing decisions made by five of the nation’s largest mortgage servicers. Some are demanding felony charges be filed.
Visa, MasterCard: Contests & Sweepstakes
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.
MasterCard: We Are Entering EMV Market
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, MasterCard, WikiLeaks: Is it a Wash?
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.
Credit Card Apps: Useful Financial Tools
Are you taking advantage of the apps available on your iPhone or smartphone? Credit card budgeting has gone high-tech – and these apps are receiving rave reviews from consumers.
U.S. Credit Downgrade: 3 Ways it Can Affect Your Credit
Wondering how the S&P downgrade will affect your everyday life? Here are three ways it could wreak havoc in your mortgage and credit card payments, along with tips to avoid those problems.