As many as 3.25 million debit cards in India will either have their security codes changed or their cards swapped out wholesale due to concerns that the data may have been breached in one of the nation’s biggest security incidents ever. Card network providers Visa...
Inventory has been building at retailers in the United States, and that snowball effect could hurt profits going forward, Reuters reported on Friday (May 20). That news comes as sales were already less than stellar across the industry in the first quarter. The inventory runs...
U.S. consumers logged growth in complaints to the CFPB, especially focused on debt collectors. Mortgages remain a problem in terms of accurate and timely communication with holders.
Jack Dorsey has taken the first steps in taking his mobile payments company public, but he’s doing so out of the glare of the typical IPO public spotlight. Square has filed for an IPO, according to anonymous sources cited by Bloomberg, and those sources indicate that Square is doing...
