credit

Holiday Debt Adds to the Sky-Rocketing Balances of Credit Cards

Holiday Debt Adds to the Sky-Rocketing Balances of Credit Cards

Retailers have reported strong sales during the holiday season and several customers admit that they have used their credit cards for funding purchases. Now it seems like 2018 might witness credit card mortgage crossing $1 trillion.According to Jill..

Forever 21 data breach left customer credit card information exposed for months

Forever 21 data breach left customer credit card information exposed for months

Forever 21 has confirmed in a press release that various POS terminals were exposed to hackers for months, leaving customer payment card information unprotected from April 3, to November 18, 2017. Hackers were able to acquire card numbers, expiratio..

Signet Jewelers Shares Drop

Signet Jewelers Shares Drop

On Tuesday, Signet Jewelers Ltd. (NYSE: SIG) announced shares lost almost a third of their value after reporting a third quarter loss with a drop in store sales while also expecting to earn less profit for the full year than previously anticipated.F..

Snap’s Investment in Spectacles backfires

Snap’s Investment in Spectacles backfires

Snap Inc. (NYSE: SNAP) overestimated the amount of sales for the Spectacles. Now, the company is backed up with over hundreds of thousands of unsold Spectacles just sitting in a warehouse waiting to be bought, first reported by The Information...

Fast Food Chain Sonic Confirms that Hack May Affect Over 5 Million Customers

Fast Food Chain Sonic Confirms that Hack May Affect Over 5 Million Customers

American fast food chain, Sonic Corp. (NASDAQ: SONC) reported a data breach on Wednesday that may potentially affect up to nearly millions customers and their credit card information across the whole U.S.The hack into Sonic's store payment syste..

Younited Credit Stumps Up $47.8 million

Younited Credit Stumps Up $47.8 million

Younited Credit is creating the world's largest crowdfunding platform inside continental Europe. The French startup has raised about $47.8 million. The money will be used to launch their products in a number of new countries. The cash will enabl..

Equifax Shares Tumble After Data Breach

Equifax Shares Tumble After Data Breach

Credit Rating Agency Equifax Inc. (NYSE: EFX) on Thursday said the cyberattack may affect about 143 million U.S. customer, sending the stock down over 12 percent.According to a press release of Equifax, the information that were accessed includes na..