6-Year-Old Racks Up $16,000 of Video Game Charges on Mom’s Credit Card
A six-year-old might have put himself on Santa’s naughty list this holiday season after he racked up $16,000 in video game charges on his mother’s credit card.
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Consumer Credit Unexpectedly Hits the Skids As Pandemic Surges
A steep drop in credit card use in October signals concern about the economy.
Visa: Cyber Criminals Are Targeting Gas Pumps
Credit card giant Visa is warning its cardholders that cyber criminals are targeting gas pumps in order to steal personal credit card data.
Report: Tampa Is Best American City for Veterans
According to the financial website WalletHub, some cities across America are better places than others for veterans to settle down.
Carney: Apple Card Is Probably Not Discriminating Against Women
There is almost no chance Apple and Goldman Sachs are discriminating against women when it comes to credit limits on the new Apple card. Yet over the weekend, both companies came under fire for allegedly doing exactly that. From the
Five Times Hunter Biden’s Business Dealings Presented a Conflict of Interest for Joe Biden
Joe Biden’s youngest son, Hunter, has a long and muddled history of profiting from business interests tied to the former vice president’s political influence.
Hunter Biden’s $83K per Month Burisma Salary Raises Questions About Role
The hefty salary that Hunter Biden, former Vice President Joe Biden’s youngest son, drew while serving on the board of directors of a Ukrainian oil and gas giant is raising questions not only about his role with the company, but also if he profited from his father’s political influence.
Beto O’Rourke: Credit Cards Enable Mass Shootings
Democrat presidential hopeful Robert “Beto” O’Rourke is suggesting credit cards are an enabling factor in mass shootings.
‘Credit Card Joe’: Biden Sided with Top Donor to Make Bankruptcy Harder
Joe Biden sided with his top donor, the one time credit card giant MBNA Corp., over progressives like Sen. Elizabeth Warren (D-MA) on bankruptcy reform during the late 1990s and early 2000s.
AOC, Bernie Vow to Shut Down Amazon’s New ‘Credit Builder’ Card
Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez want to shut down a new Amazon “credit builder” card for people with no credit or bad credit.
Philadelphia Bans Cashless Stores, Restaurants
Philadelphia has reportedly become the first city in the United States to ban cashless stores and restaurants in an attempt to be more “inclusive” to Americans without bank accounts.
Marriott: 500 Million Starwood Customer Records Compromised in Data Breach
Marriott International announced Friday that the data of up to 500 million Starwood customers was compromised.
Pakistani Central Bank Challenges Reports of Massive Security Breach
According to independent cybersecurity analysts and some officials from Pakistan’s Federal Investigation Agency (FIA), a large-scale hacking operation attacked the nation’s banks beginning on October 27, reports revealed Tuesday.
Let the Good Times Roll: Consumer Credit Expands More Than Forecast
The latest data suggests that the Trump economic expansion is still running strong.
Dash Upgrade Promises Lower Fees — and Strong Competition for Bitcoin, Visa
Dash ($DASH), a decentralized digital currency, released an upgrade to its blockchain code Wednesday that promises to reduce most transaction fees to less than a third of a penny, boasting that it has upgraded its scaling capabilities as Bitcoin struggles under the load of its users’ activity.
Study: Nearly Half of Congress Vulnerable to Fraudulent Foreign Donations Due to Lack of Basic Credit Card Security
A new study reveals that 44 percent of members of Congress with active donation pages do not require industry-standard credit card security codes for online donations—a vulnerability that makes fraudulent foreign donations more likely. Among Democratic members of Congress, less
MasterCard Tests Credit Cards with Embedded Fingerprint Reader
MasterCard is currently testing a credit card with a fingerprint scanner embedded within it, creating an extra layer of biometric authentication to keep the accounts of their customers as safe as possible.
Study: 63% of Americans Would Be Unable to Handle Unexpected Expense
According to a new study by Bankrate.com, over half of Americans cannot financially handle a bill of $500 or more. 63 percent said they would be unable to handle an unexpected expense.
Marco Rubio Plans to Release Credit Card Records
Sen. Marco Rubio promised that he would release credit card records that have brought intensified scrutiny to his financial habits when he was the leader of the Florida State House of Representatives.
Banks Raising Sub-Prime Credit Card Limits, Again!
The Office of the Comptroller of the Currency (OCC), which regulates the financial risks posed by the lending activity of American national banks, has officially reported that banks are expanding sub-prime credit by raising borrowing limits for credit card holders. The new concerns follow an OCC report last June that flagged “problematic” recent high-risk corporate takeovers, car loans through auto dealers, and commercial finance lending.
