Marketwatch

Visa Sees ‘Massive’ Digital Acceleration With Millions Trying E-commerce for the First Time

Visa Sees ‘Massive’ Digital Acceleration With Millions Trying E-commerce for the First Time

The COVID-19 outbreak is bringing more people into the digital fray and providing a further tailwind to e-commerce growth. In Latin America alone, 13 million Visa Inc. V, +1.43% cardholders made e-commerce transactions for the first time ever during the March quarter, the company’s Chief Product Officer Jack Forestell told MarketWatch.

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100 Million Capital One Customers Were Hacked — Everything You Need to Know About Data Breaches, but Were Afraid to Ask

100 Million Capital One Customers Were Hacked — Everything You Need to Know About Data Breaches, but Were Afraid to Ask

Capital One Financial Corp. announced late Monday that more than 100 million people had their personal information hacked.

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Mastercard Will Now Allow Transgender Customers to Use Their Preferred Names on Debit and Credit Cards

Mastercard MA, has adopted a new policy aimed at reducing a major source of stress for transgender and non-binary consumers. The company is introducing the True Name card, which will allow card holders to choose for their preferred name to appear on their credit and debit cards even if it does not match their legal […]

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Amazon’s Newest Credit Card Could Be a Double-edged Sword for People With Bad Credit

Amazons newest credit card is designed to appeal to consumers who are looking to improve their credit score. It comes with an unusual structure and some major caveats. The Amazon Credit Builder card AMZN, +3.96 will function as a secured credit card, but with the same benefits as Amazons Store Card.

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Consumers Requested the Lowest Number of Credit Inquiries Since 2003 – Why That’s a Cause for Concern

Consumers Requested the Lowest Number of Credit Inquiries Since 2003 – Why That’s a Cause for Concern

By Americans are rarely shy of buying something today – and paying for it tomorrow. However, latest figures show they’re requesting the lowest number of credit inquiries in almost two decades. For the 18th consecutive quarter, household debt rose during the fourth quarter of 2018 to 13.

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Beware, Mobile Wallets Can Do Serious Damage to Your Finances This Holiday Season

Beware, Mobile Wallets Can Do Serious Damage to Your Finances This Holiday Season

A tap here and a tap there is all it takes to end up in the red. Mobile payments encourage people spend more money, according to a recent study performed by researchers at the University of Illinois at Urbana-Champaign.

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Contactless Cards Could Start Taking Off in the U.S. As Chase Announces Rollout

Contactless Cards Could Start Taking Off in the U.S. As Chase Announces Rollout

Contactless cards have been slow to take off in the U.S., but an endorsement from the largest domestic issuer may help speed up adoption. Chase, the consumer banking arm of JPMorgan Chase Co. announced that it would be sending out contactless Visa Inc. credit cards beginning in the first half of 2019.

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Western Union Makes Digital Push Amid Fierce Competition for Money Transfers

Western Union Makes Digital Push Amid Fierce Competition for Money Transfers

Western Union Co. is aggressively expanding its digital services as the money-transfer giant tries to keep pace with competitors vying for international transfers.

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A B.S. In Bitcoin? These Colleges Are Now Offering Cryptocurrency-related Courses

A B.S. In Bitcoin? These Colleges Are Now Offering Cryptocurrency-related Courses

A Ph.D. in bitcoin or blockchain? That soon may be a reality as interest in cryptocurrencies and their underlying technology has become more mainstream, prompting college campuses across the globe to promise courses in the nascent subject.

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Uber Is the Latest Frontier in Venmo Monetization Plans

Uber Is the Latest Frontier in Venmo Monetization Plans

PayPal has been talking for almost a year about letting Venmo users pay with the service for items sold by third parties, but the company has become more aggressive with its efforts in recent weeks. With its latest move, the company is hoping that millennials and others will start paying for Uber rides with the […]

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Bank of America: You Don’t Have to Be Cool to Win in P2P Payments

Bank of America: You Don’t Have to Be Cool to Win in P2P Payments

In peer-to-peer payments, there may be room for more than one winner. PayPal Holdings’s Venmo was once synonymous with the act of sending money digitally to a friend, replete with emoji annotations and a news feed of all your friends transfers. Now the big banks are now showing that you don’t have to be young […]

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Japan Explores Ways to Formally Regulate Crypto ICOs

Japan Explores Ways to Formally Regulate Crypto ICOs

As U.S. government watchdogs increase scrutiny of initial coin offerings, or ICOs, Japan is exploring ways to formally regulate the process where companies issue tokens in exchange for cryptocurrencies.

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