| Mar 30, 2012
| 4:34 PM
MasterCard Inc, Visa Inc and Discover Financial Services have been victims of a potential security breach, the latest in a string of incidents that have …...
| Oct 5, 2012
Gov. Pat Quinn's choice to run the state agency that oversees the financial operations of U.S. Cellular Field filed for bankruptcy three years ago after racking up $102,500 in debt, mainly from credit cards, court records show.
The revelation follows...
| May 13, 2012
Even people who don't play the market are thinking this week about buying stock in Facebook's initial public offering of shares.
One hundred six years ago, Sears, Roebuck and Co. was its era's version of a hot tech company. Like Facebook, Apple or...
| Aug 22, 2012
| 12:16 PM
Starting next year, PayPal users will be able to use their online payment accounts to shop in more than 7 million physical stores nationwide, because of a new partnership between owner Ebay Inc. and credit card company Discover Financial Services.
| Jan 26, 2012
When President Barack Obama said in his State of the Union speech Tuesday that big banks are "required to write out a living will," it was the first time that many Americans had heard of the banking rule.
Obama, who appears to be in re-election mode,...
| Sep 12, 2012
| 5:29 AM
WASHINGTON (AP)— The new federal agency charged with enforcing consumer finance laws is emerging as an ambitious sheriff, taking on companies for deceptive fees and marketing and unmoved by protests that its tactics go too far.
In the 14 months...
| Oct 1, 2012
| 8:30 AM
The Consumer Financial Protection Bureau announced this morning it has ordered three subsidiaries of American Express to refund about $85 million to about a quarter of a million consumers.
According to the agency, an investigation found “that at...
| Mar 15, 2011
| 4:34 PM
Google has been hinting for months that it will roll out a mobile payment service so that shoppers can ring up their purchases with their smart phones. Now people familiar with the project are whispering to Bloomberg News that Google will begin testing...
| Aug 30, 2011
| 4:35 PM
Capital One Financial Corp. and Bank of America Corp. have the most user-friendly online disclosures about credit-card terms, according to a survey by Card Hub, a card-comparison website. Card Hub's second annual survey of the 10 biggest credit-card...
| Nov 15, 2011
| 4:34 PM
Lake Cook Road construction will stop for a year, giving businesses along that strip a chance to recover after a summer of customers going elsewhere …...
| Mar 28, 2011
| 9:22 AM
Google is teaming up with MasterCard, Citigroup, to soon offer mobile payments via Android phones. That means you won’t need to carry plastic cards to make credit card and debit card purchases, just grab your smart phone.
Mobile payments are expected...