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Category Archives: Credit card miscellany

Getting a credit card got tougher, Fed says

Jeremy Simon

The Federal Reserve thinks getting approved for a new credit card recently got tougher. But since communicating in easy-to-understand language just isn’t the central bank’s style, the Fed didn’t come out and say so in exactly those words.
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New year, new gift card roundup

Jeremy Simon

As shoppers head to the stores post-Christmas to take advantage of sales or return unwanted presents, gift card stories continue to make news.
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Retailers, states compete for gift card funds

Jeremy Simon

In two New England states, there’s a struggle under way over gift card funds. A Dec. 20 warning to consumers from New Hampshire’s Attorney General shined a spotlight on retailers who are trying to bypass the state’s gift card rules. Meanwhile, the neighboring state of Maine is using its unclaimed property law to demand a portion of the funds left on dormant gift cards.
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Not the type of hack you expect in a NY taxi

Jeremy Simon

InformationWeek and New York’s WNBC report that a New York software engineer was able to gain access to the operating system for the credit card reader’s touch-screen display, which is meant for presenting ads and short videos to riders, as well as enabling them to pay their fare with a credit card.
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Las Vegas flunks debt report card

Men’s Health put together a list of cities in its November issue with the worst personal debt, “Is Your City A Debt Trap?” and gave grades from A+ to F.
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