When interest rates rise in mid-2015, the credit-card business will likely see more subprime cardholders, higher credit losses for card issuers and greater reliance on customers who use their cards to borrow, not just earn rewards, American Banker reported. Get the Full Story Complete the...
A data broker who helped scammers steal millions of dollars from payday loan applicants is the target of a lawsuit filed last week by the Federal Trade Commission. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
A federal judge won’t dismiss a customer lawsuit against Target in the wake of the December 2013 data breach that exposed 40 million payment cards and personal details for 70 million customers, Bank Info Security reported. Get the Full Story Complete the form to unlock...
Former Bitcoin Foundation board member and CEO of the now out of business BitInstant Charlie Shrem has officially been sentenced to two years in prison in connection to activities aimed at helping Silk Road users swap their digital currency for cash. Get the Full Story...
The end is near! Well at least in terms of holiday retail is concerned. As the sun rises on Panic aka Super Saturday, American consumers can be split almost evenly into two groups – those who can congratulate themselves on having already completed their Christmas...
PYMNTS.com Bitcoin Price and Volatility index. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to...
Unveiling a series of proposed new virtual currency regulations for New York state—which will likely be copied by other states and potentially federal regulators as well—Benjamin M. Lawsky, the superintendent of the New York State Department Of Financial Services, said that virtual currency startups need...
The CFPB’s crusade against bill packing, wherein consumers bills are laden with charges for services they neither requested nor approved, rolls on, now with telecom provider Sprint as its target. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Five retail trade organizations including the Food Marketing Institute, National Association of Convenience Stores, National Grocers Association, National Restaurant Association, National Retail Federation and the Retail Industry Leaders Association have written to the United States Comptroller of Currency and the Senate Banking Committee to clear...
