All posts tagged "credit cards"

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  Growth in consumer borrowing slowed in December

  WASHINGTON — Consumers increased their borrowing in December at the slowest pace in six months, as growth in credit card usage decelerated sharply. Total borrowing rose $14.2 billion in December, smaller than November’s increase of $25.2 billion,...

  • Posted February 7, 2017
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  MasterCard faces $18.6 billion UK lawsuit over fees

  LONDON – MasterCard is being sued for 14 billion pounds ($18.6 billion) on behalf of British consumers for allegedly charging excessive fees on millions of transactions over a 16-year period. The suit, which is the latest in...

  • Posted September 9, 2016
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  Retail Associations denounce DACO payment methods ruling

  SAN JUAN – About a dozen trade organizations protested at the United Retailers Association (CUD by its Spanish initials) headquarters against a new ruling by the Consumer Affairs Department (DACO by its Spanish acronym) to amend Act 46 of 2016 about...

  • Posted September 8, 2016
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  Credit Card Sensation: The Hottest New Plastic Is Metal

  NEW YORK – The demand has been so overwhelming that the manufacturer ran out of raw material in just a few days. Enthusiasts extol its virtues all over the internet. Millennials are clamoring for it. It’s not...

  • Posted September 8, 2016
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  Put It on My Card…Or Not

  Many schools let you pay with plastic, but it may cost you more in the long run

  • Posted September 4, 2016
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  Russian man faces US trial in lucrative hacking scheme

  SEATTLE – Prosecutors describe Roman Seleznev, the son of a Russian lawmaker, as a master hacker who orchestrated an international scheme that resulted in about $170 million in fraudulent credit card purchases. In a federal jury trial that...

  • Posted August 14, 2016
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  Banco Popular-issued MasterCard Can now Be Used at Cuba ATMs

  Stonegate Bank’s MasterCard also gets OK from Cuba’s Central Bank

  • Posted June 28, 2016
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  Florida Bank Issues First US Credit Card for Use in Cuba

  Stonegate will make it easier for US companies to do business on the island

  • Posted June 14, 2016
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  US Consumer Borrowing Jumps 10 Percent in March

  Fastest pace in more than a decade

  • Posted May 6, 2016
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  Visa: New Technology for Chip Cards to Speed Checkout Times

  Will let cards to be dipped and remove in two seconds or less

  • Posted April 19, 2016