American Express Co. Chief Executive
Officer Kenneth I. Chenault defended company rules that bar
merchants from asking customers to use credit cards with lower
processing costs as a measure needed to protect its brand.
[Reuters] - General Electric Co's credit card unit, Synchrony Financial, made a muted debut on the New York Stock Exchange on Thursday as investors remained ambivalent about the chances of a consumer-led U.S. economic recovery. Synchrony, the...
Ever wonder what happens after you use your credit card? They’re convenient, no question about that! But where are the risks? To answer that, let’s take a look at a Saturday in the life of a typical credit card.
The nation's second largest mass-market discounter is coming off years of missteps and a humiliating 2013 full of scandals, revolts and credit card fraud. The place needed new blood and Brian Cornell seems like the right man for the job.
If you’ve been to a Starbucks in the past year or so, it’s almost guaranteed you’ve seen someone in line pay with their smartphone by opening the Starbucks app and holding a bar code up to a scanner. Kash is hoping to bring the same...
NEW YORK (TheStreet) -- Mobile payments giant Square is unveiling a solution to meet new EMV standards in an effort to help sellers get ahead of the new credit card technology planned for next year, cutting down on credit card fraud as well.