Topic: Credit Card Issuing Services

Secret Service probes major credit card breach

Credit card breach at an Atlanta card-processor affects Visa, MasterCard, American Express, and Discover. The number of accounts affected by the security breach is not yet known. 

Tech stocks boost the market

Strong earnings reports from IBM and Microsoft drove the Dow Jones industrial average higher Friday. The Dow rose 96 points to close at 12720.

Credit cards see more profits, less late payments

Credit cards in the US are being paid off in full more often this year, leading to healthy gains by the credit card companies.

Top 5 credit cards for world travel

Is world travel on your horizon this year? Bringing the right credit card is as fundamental as packing the right wardrobe. While there are great benefits to using plastic abroad – such as travel assistance and fraud protection – the cards’ foreign transaction fees can eat into your travel budget. And traditional magnetic strip credit cards aren't universally accepted overseas anymore. Picking the right card for a foreign trip depends on the perks you’re looking for, the fees you’re willing to pay, and the kind of credit you have. Here are Credit Karma’s Top 5 credit cards for world travel:

Data theft: Top 5 most expensive data breaches

Data theft is off to a troubling start this year, with two massive breaches occurring in March and April. Hackers' success in grabbing millions of records at Epsilon and Sony are just the latest example of increasingly sophisticated attempts to steal sensitive personal information. Here's a list of the five most expensive data theft cases in the United States:

Sony data breach could be most expensive ever

Sony Corp.'s PlayStation Network and Sony Online Entertainment suffered data breaches that could cost up to $2 billion.

PlayStation Network outage: An end in sight?

PlayStation Network outage continues, but Sony is playing down the extent of the PSN security breach.

Epsilon security breach exposes thousands of email addresses

Epsilon says a recent hack revealed only email addresses and names – not financial information.

Hackers rally to support WikiLeaks: Top 5 recent attacks

In an effort nicknamed "Operation Payback," a loose association of hackers called "Anonymous" has been targeting the websites of companies and organizations that have cut ties with WikiLeaks by overwhelming their sites with traffic, prompting them to shut down. Here are some of the most notable attacks.

Credit card chasm: Some get great rates. Others cut off.

Credit card companies are offering some of best teaser rates ever – if you have a job.

Visa, MasterCard settle Justice Department lawsuit

Visa and MasterCard agree not to prohibit merchants from offering customers discounts or rebates for using a particular kind of card. Visa and MasterCard also must allow merchants to express preferences for the use of a low-cost card within a network or other form of payment.

New credit card rules: a punishment for responsible borrowers

The Credit CARD Act will mean higher fees, higher interest rates, and lower bonus points.

Roundup of information on the new credit card laws

New credit card laws went into effect earlier this week. Here's a roundup of what's included. 

Even with new credit card laws 2010, Americans are cutting back on credit

New laws are shielding American credit-card users – as long as they can get credit.

Credit-card bill: What it does, what it doesn't do

Supporters and critics agree that it greatly empowers consumers and changes the credit-card industry.

Credit-card bill could hit students hardest

Young consumers are easy prey for predatory credit-card issuers. They are relying on their plastic more than ever.

Congress moves to regulate credit cards

Lawmakers have been getting an earful from disgruntled consumers.

Congress turns from bank bailouts to helping consumers

Targets include credit card companies, payday loans with exorbitant interest rates, and predatory mortgage lenders.

Obama seeks to protect credit-card users

The president told credit-card companies Thursday he wants to halt arbitrary rate hikes and get more protections for consumers.

Will Obama credit plan mean fewer cardholders?

Buried by credit-card fees? Washington is on it.

Obama is to meet this week with banks about card-holder complaints. Congress is weighing a 'bill of rights' for borrowers.

Debt weighs on Indian middle class

With the economic boom, the rising middle class flocked to credit cards. But in the past six months, credit card default has risen between 50 and 70 percent.

Retailers, banks battle over credit-card fees

Lawmakers weigh legislation allowing them to negotiate fees.

I exploit credit cards. So should you.

If you follow the rules, you win and credit cards lose. But the Fed's new rules would harm responsible consumers.

Parents face a perfect storm: college kids and plastic

As schools encourage students to apply for credit cards, parents should provide guidance so their kids can avoid giant debt burdens.