Search Results for: Credit card
Hackers to Sell Stolen Credit Cards on Youtube
June 17th, 2014
A review of content on Google Inc. (GOOG)’s YouTube service turned up dozens of videos selling stolen credit card data, according to an Internet-safety research group trying to shed more light on an $18 billion illicit industry. The group, ...
FCA announces competition review into credit cards
April 3rd, 2014
The Financial Conduct Authority (FCA) today confirmed its intention to undertake a competition review into the UK’s £150bn credit card market at the end of this year. Speaking at the Credit Today Credit Summit in London, FCA chief executive ...
Ten Best Online Payment Platforms announced in June 2016 by topcreditcardprocessors.com
June 2nd, 2016
The independent authority on payment processors, topcreditcardprocessors.com, has named their rankings of the 10 top Online Payment Platforms in the payment processing industry for the month of June 2016. topcreditcardprocessors.com aims to produce recommendations for merchants based on in-depth ...
Wirecard files for insolvency after ex-CEO arrested in $2 billion scandal
June 25th, 2020
Wirecard has filed for insolvency, just days after a $2 billion accounting scandal at the company burst into the open, crashing its stock and leading to the arrest of its former chief executive. The digital payments company said in ...
Mastercard fined €570.6m
January 23rd, 2019
The European Commission has fined the card scheme Mastercard €570 566 000 for limiting the possibility for merchants to benefit from better conditions offered by banks established elsewhere in the Single Market, in breach of EU antitrust rules. Commissioner ...
The Arrival Of The Credit Crisis
January 2nd, 2019
Those of us who closely follow the credit cycle should not be surprised by the current slide in equity markets. It was going to happen anyway. The timing had recently become apparent as well, and in early August I ...
Visa CEO Predicts 100 Million Contactless Cards in a Year
November 6th, 2018
Visa Inc. has been talking up contactless payments lately, though its executives and spokespersons usually dole out percentages rather than hard numbers to describe what is still a minuscule market in terms of card numbers and transaction volume. But ...
Google and Mastercard have secret deal to track users’ offline spending in stores
September 3rd, 2018
Google has reportedly bought Mastercard credit card data in the US to help it track users’ offline spending in stores. The two firms had not made the deal public but it was discovered by Bloomberg. Mastercard denied suggestions that ...
FCA banned four former directors of an online consumer credit broker
July 26th, 2018
The Financial Conduct Authority (FCA) has banned David James Carter Mullins, Edward John Booth, Christopher Paul Brotherton and Mark Robert Kennedy, the former directors and shareholders of Secure My Money Limited (now dissolved). The firm took fees of over ...
Visa, MasterCard and AmEx propose a new deal for online payments
April 23rd, 2018
The way you pay for things with credit cards or debit cards at bricks-and-mortar retailers is a familiar, standardized process. There have been minor tweaks, like the recent adoption of chip cards or getting rid of signatures, but the ...
