Monday, September 3, 2012

New security features The MasterCard SecureCode

Imagine having a safeguard in place that no one can duplicate, that will prevent unauthorized people from making charges on your card? MasterCard has made that safeguard possible with their SecureCode technology, allowing cardholders to create a code that ensures every purchase is approved.

Wednesday, August 29, 2012

Banks curtail credit consumer protection program

Many of the nation's largest credit card issuers are scaling back their offerings of credit protection plans, following years of scrutiny by consumer activists and regulators.

Wednesday, August 1, 2012

Libor, great fraud!

These are parched times for law firms. Clients just aren’t willing to pay what they used to for associates’ billable souls.
How fortuitous then that a multitrillion-dollar financial scandal promises to throw the lawsuit industry beaucoup fees, from both the alleged aggressors and their aggrieved. Thanks to the Barclays blowup, we now know that Libor, the most widely used and quoted benchmark for valuing about $360 trillion in financial products, has been rather rigged. Throw in the fact that this gauge is set by Wall Street, the villain à la mode, and a heretofore harmless interest rate could join the likes of asbestos and tobacco in one-word liability infamy.