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Giving Credit Where Credit Is Due
Groups examine the use of alternative data for granting credit to the underbanked.
FTC Nails Credit Report Firm For $950,000
The Federal Trade Commission has settled with Consumerinfo.com, one of the largest firms marketing "free" credit reports to consumers, for nearly a million dollars in fines. The deal is part of a crack down on so-called "imposter" sites of Annualcreditreport.com, where consumers really can obtain one free credit report each year.
Survey: Brits’ Indifference to Fraud Encouraging Crooks
Despite the relatively high incidence of identity theft, most consumers are not interested in proactively helping to manage fraud risk, according to the study.
First Data to Purchase Citi Merchant Services Unit
Business provides credit and debit card payment processing services to approximately 15,000 merchant locations.
The Internet Is the Safest Channel
Or it can be, if it's supported by a real-time transaction data warehouse, JPMC executive says.
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