Search Results for: Credit card
The Economy Of The Largest Superpower On The Planet Is Collapsing Right Now
November 6th, 2014
How do you fix a superpower with exploding levels of debt, that has a rapidly aging population, that consumes far more wealth than it produces, and that has scores of zombie banks that could collapse at any moment. You ...
Bitcoin Startups May Get Transitional License in New York
November 3rd, 2014
New York may grant transitional licenses to small virtual-currency firms and startups to let them grow before facing the full burden of new regulation, the state’s top financial watchdog said. Benjamin Lawsky, New York’s superintendent of financial services, has ...
Most People Cannot Even Imagine That An Economic Collapse Is Coming
November 3rd, 2014
The idea that the United States is on the brink of a horrifying economic crash is absolutely inconceivable to most Americans. After all, the economy has been relatively stable for quite a few years and the stock market continues ...
Wal-Mart and allies in face-off with Apple Pay over mobile payments
October 30th, 2014
Suddenly it’s Apple versus Wal-Mart in the fight for shoppers’ digital wallets. With the development of a new mobile payment system, a group of retailers led by Wal-Mart Stores (WMT.N) is aiming to upend the $4.5 trillion credit card ...
2 Drug Chains Disable Apple Pay, as a Rival Makes Plans
October 27th, 2014
A consortium of merchants plans to introduce a payment system next year that will supplant the use of credit and debit cards. Apple Pay, the Silicon Valley giant’s highly anticipated mobile wallet, has been available for only one week ...
Mashreq Bank retail chief insists the bank does not cold call customers
October 27th, 2014
Mashreq Bank has insisted that it does not engage in cold calling of residents, according to the bank’s UAE head of retail banking. Despite the practice being outlawed by authorities in the UAE since 2011, there have been numerous ...
Spanish High Court Orders Ex-Bankers to Deposit Millions
October 17th, 2014
Spain’s High Court on Thursday gave two former senior executives at bailed-out lender Bankia and its predecessor Caja Madrid three days to hand over several million euros as it investigates claims of misuse of company credit cards. Rodrigo Rato, ...
French bank turns to Twitter for money transfers
October 14th, 2014
One of France’s largest banks,Groupe BPCE, launched a service on Tuesday to allow its customers to transfer money to other people via tweets on social network Twitter Inc. (TWTR.N). Groupe BPCE , France’s second largest bank by customers, is an ...
Consumer borrowing rise to record level
October 8th, 2014
Borrowing for auto and student loans jump but credit card borrowing drops regarding US economy. U.S. consumers increased their borrowing in August in the category that covers auto loans and student loans but cut back on their credit card ...
JPMorgan faces cyber attack with more than 76 Million accounts compromised
October 3rd, 2014
The disclosure by the bank dwarfs earlier estimates that hackers had gained access to roughly one million customer accounts. A cyberattack this summer on JPMorgan Chase compromised the accounts of 76 million households and seven million small businesses, a ...
