The “new normal” coined by Pimco posits a long era of diminished earnings and stock prices as overleveraged consumers and companies cut back. But it’s not playing out that way. It seems Corporate America is growing less and les…
Get ready for credit card 2.0.
Citibank (C) is about to begin testing a card with two buttons and lights to let users choose whether they want to pay with rewards points or credits, The New York Times said.
Other issuers are giving their cards makeovers as well. Some cards could double as credit and debit cards, or provide additional security measures. One card shows a portion of…
Continue reading Banks Rework Credit Cards With New Technologies
Banks Rework Credit Cards With New Technologies originally appeared on DailyFinance on Fri, 22 Oct 2010 08:25:00.
Filed Under: Company News, Technology, Media, Citigroup, Credit, Retail
The world’s biggest brokerage posted a third-quarter net loss, hurt by special charges and declines in sales and trading activity in a low-volume market. On an adjusted basis, Morgan missed Wall Street’s forecast.
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Morgan Stanley is expected to report sharp declines in third-quarter earnings and revenue ahead of Wednesday’s opening bell, hurt by months of weak trading activity. The financial giant is forecast to post earnings of 15 cents …
The consumer advocates at the Center for Responsible Lending have released a checklist of tough questions people should ask their banks to make sure their needs are being met — and and to ensure they aren’t paying unnecessary …