Discover Financial gets $5M in credit card security breach settlement

(Reuters) — Credit and debit card processor Heartland Payment Systems agreed to pay $5 million to Discover Financial Services to settle data security breach claims and said this was the final agreement with a card brand related to a cyber...

Credit card fraud

As you read this article, I hope that you will take time in your busy schedule to carefully scrutinize your credit card monthly statements. Some of you may get the surprise of your life to discover that there are bills in your statements that you did not incur. Then you ask yourself: How did this happen? This was exactly what happened to me at one time. I have been busy doing other things and ...

Credit-Card Customers: Not So Loyal

It seems like everyone loves to hate credit card companies, but some firms are more unpopular than others, and the industry as a whole faces a distrusting public. That’s the gist of the fourth annual customer satisfaction survey of 11 major card issuers by J.D. Power and Associates, the marketing-information firm. It found that American Express, Discover Card and U.S. Bank scored above-average ...

Fitch: U.S. Credit Card ABS Issuance Trusts Updated

NEW YORK--(BUSINESS WIRE)--Fitch Ratings today published its U.S. Credit Card ABS Issuance Trust Updates for the following issuers: --American Express Issuance Trust; --BA Credit Card Trust; --Capital One Multi-asset Execution Trust; --Chase Issuance Trust; --Citibank Credit Card Issuance Trust; --Citibank Omni Master Trust; --Discover Card Execution Note Trust; --Washington Mutual Master Note ...

What the New Credit Card Rules Mean for You

Consumers need to navigate the darker side of credit card reform.