“It’s Just Not Right”: Major Venues Now Punishing People For Using Cash Vs. Plastic

By Tyler Durden Fans heading to Yankee Stadium hoping to pay in cash at the iconic…

Mastercard announces new AI suite with behavioral biometrics to fight fraud

By Joel R. McConvey Large financial institutions are coming to terms with the new world of…

Visa Says Palm Biometric Payments Have Promising Future

By Masha Borak Payments giant Visa showcased its pay-by-palm biometric payment technology at an event marking…

Delinquency Rates Are Spiking! Has The Final Meltdown Of The U.S. Consumer Now Begun?

By Michael Snyder According to the New York Fed, total household debt in the United States…

Red Alert: Tap-To-Pay Terminals Can Reach Into Your Wallet Or Purse And Charge You For Things You Haven’t Even Purchased

By Michael Snyder Have you noticed a charge on one of your cards that you can’t…

“Particularly Risky” – BIS Reveals “Buy Now, Pay Later” Use Is Soaring Among Working Poor Youngsters

By Tyler Durden A new report by the Bank for International Settlements (BIS) shows that buy now, pay…

Why Nearly Half of Higher-Income Households Say They Are ‘More Reliant on Credit Cards Than Ever’

By Jon Miltimore David Brooks is sorry. The New York Times columnist admitted he “screwed up” when he…

Credit Card Losses Are Surging At The Fastest Pace Since The Global Financial Crisis

By Tyler Durden One month ago we warned that the toxic cocktail of Volcker-esque rates, which…

8 Signs That We Are Right On The Verge Of A Major Credit Card Debt Crisis

By Michael Snyder We aren’t quite there yet, but an enormous credit card debt crisis is…

Now in Effect: West Virginia Law Prohibits Using Credit Card Information to Track Firearms Purchases Without a Warrant

By Michael Maharrey Today, a West Virginia law goes into effect prohibiting state government entities from…

Battered By Inflation, 90 Million Americans Struggle Paying Bills As Credit Card Usage Spikes

By Tyler Durden A large swath of American consumers are facing financial hardship as they grapple…

Consumer Credit Shocker: Credit Card Debt Explodes At 2nd Fastest Pace On Record Just As Rates Hit All-Time High

By Tyler Durden So much for credit being tight. One month ago, not long after we…

Home Foreclosures And Missed Credit Card Payments Surge As Consumers Buckle

By Tyler Durden In the first quarter of this year, home foreclosures surged, as reported by…

Discover To Begin Tracking Purchases At Gun Retailers Starting In April

By Tyler Durden One month ago, credit-card provider Discover Financial Services, issuer of the eponymous credit…

As The Economy Implodes, Credit Card Balances Are Increasing At The Fastest Pace In U.S. History

By Michael Snyder When the going gets tough, it can be extremely tempting to pile on…