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The Right to Remain Private: Where U.S. Law Lets You Down

September 1, 2019 CardBuzz Staff

No federal law provides the kind of broad consumer rights granted in 2018 by the European Union’s General Data Protection Regulation.…

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Posted in: CONSUMER, FTC, GDPR, Privacy

Scams Popping Up Online that Promising to Help Students Get Rid of Crippling Loans

CardBuzz Staff

The national total student-loan debt is over $1.5 trillion and the average student loan debt per graduating student in 2018…

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Posted in: CONSUMER, Debt Collection, Scams, Student Loans

Top 100 Credit Card Delinquency Trendline Upward

CardBuzz Staff

U.S. credit card delinquency among the Top 100 U.S. issuing banks in the second-quarter edged down 2 basis points (bps)…

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Posted in: Bank of America, BUSINESS, Capital One, Chase, Citibank, Delinquency, Federal Reserve

Square’s Loss Of Key Customer Concerns Wall Street

CardBuzz Staff

Now that Square has lost the Danish company Joe & the Juice, Wall Street is concerned about competition for larger sellers.…

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Posted in: BUSINESS, Processing, Square

Middle Eastern M&A Heightens Payment Fraud and Laundering Risk

CardBuzz Staff

The correspondent banking network in the Middle East has been complicated recently by the flurry of consolidation. Around 20 institutions…

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Posted in: BUSINESS, Middle East, Money Laundering

Late Card Payments Ease Unlike Car & Home Payments

CardBuzz Staff

Late card payments headed down a skosh in July as car loan payments and mortgage payments nudged up a tad.…

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Posted in: CONSUMER, Delinquency, Late Payments

Tesla Starts Selling its Own Car Insurance in California

CardBuzz Staff

Tesla is now offering Tesla Insurance to customers in California is offering may be as much as 30% less than other insurance…

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Posted in: Auto Insurance, CONSUMER

What Happens When You Don’t Pay a Hospital Bill

CardBuzz Staff

On March 8, 2011, Joclyn Krevat, an occupational therapist in New York, was sitting at her computer when she received…

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Posted in: CONSUMER, Debt Collection

Second-Quarter Credit Cards CIF Grow at Bottom and Top

CardBuzz Staff

Second-quarter credit CIF (cards-in-force) continue to grow despite a saturated U.S. market driven by an expanding sub-prime marketplace and the…

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Posted in: American Express, BUSINESS, CIF, Discover, Mastercard, Visa

Temenos Buys Kony To Accelerate Digital Banking Growth

CardBuzz Staff

Banking software company Temenos has acquired Kony, a digital banking software-as-solution (SaaS) company for $559 million and Kony will get…

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Posted in: BUSINESS, Digital Banking

Combating New-Age Breaches Requires a Reset in Trust

CardBuzz Staff

The Capital One breach that affected the personal information of more than 100 million people underscores the sobering truth: People…

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Posted in: Breach, BUSINESS, Capital One

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