Affirm’s latest partnership brings its alternative financing to Walmart’s U.S. stores and website

Financial technology company Affirm, which offers consumers an alternative to cash and credit when paying for large purchases, has scored a notable new partner: Walmart. The companies announced this morning that Affirm’s financing options would be made available in over 4,000 Walmart Supercenters across the U.S., and will roll out to Walmart.com in the weeks […]

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Apple is teaming up with Goldman Sachs to launch a credit card later this year

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Apple is jumping into the credit card business with Goldman Sachs.

According to a report in the Wall Street Journal, Apple and Goldman Sachs are joining up to launch a new credit card that will be heavily integrated with the iPhone. 

Using Apple Wallet, cardholders will be able to set spending goals, track rewards on purchases, and manage their account balances. Customers will also reportedly earn 2 percent cash back on most of their purchases with potentially higher bonuses on Apple’s products and services.

Apple employees will be the first to test out the card when its issued in a few weeks, according to the report. The joint credit card with Goldman Sachs will use Mastercard’s payment network. Read more…

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Moving? Switching jobs? Your lifestyle changes could mean more money in the bank

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The Greek philosopher Heraclitus sagely said that change is the only constant. In modern times, that couldn’t be truer. With the rise of flexible and remote job opportunities, millennials especially tend to live life in flux, making geographical shifts as frequently as job shifts. It follows then that we need more flexible ways to manage our money and our spending habits.

Good news: Bank of America brought that shift to 12 million Bank of America Cash Rewards cardholders who were automatically switched over to the new Bank of America® Cash Rewards credit card. If you weren’t among them, consider the benefits of earning smarter cash back with this new credit card.  Read more…

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Binance now lets users buy crypto with a credit card

Binance, the world’s largest crypto exchange based on trading volume, will now let you spend money you don’t have after it added support for credit cards from Visa and Mastercard. Credit card usage in crypto is controversial. Aside from the risk — ask anyone who bought crypto last year… — top exchanges have gone back and […]

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DiscountMugs.com says four months of customer credit cards stolen by hackers

DiscountMugs.com, a large online custom mug and apparel store, had a four-month long data breach just before the busy Christmas holiday season. The company said in a letter to state attorney generals that hackers siphoned off credit card numbers from customers who made orders through its site between August 5 and November 16, 2018 using […]

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Credit card stealing malware on Canada’s 1-800-FLOWERS website went undetected for four years

It’s going to take more than a bunch of posies to make up for this one. The Canadian branch of 1-800-FLOWERS revealed in a filing with the California attorney general’s office that malware on its website had siphoned off customers’ credit cards over a four-year period. Four years. Let that sink in. The company said […]

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Vision Direct reveals breach that skimmed customer credit cards

European online contact lens supplier Vision Direct has revealed a data breach which compromised full credit card details for a number of its customers, as well as personal information. Compromised data includes full name, billing address, email address, password, telephone number and payment card information, including card number, expiry date and CVV. It’s not yet […]

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Twilio makes it easier to take payments over the phone

Making a payment over the phone, maybe because you are trying to change an airline ticket or to pay a last-minute bill, still feels like an antiquated process. You read your credit card number to an agent, then your expiration date and your security code. In the process, some number will inevitably get mixed up […]

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How the 22-year-old founders of Brex built a billion-dollar business in less than 2 years

Henrique Dubugras and Pedro Franceschi, the co-founders of Brex, have raised $125 million at a $1.1 billion valuation just four months after the startup’s public launch.

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Petal’s no-fee credit card for the credit score-less is now open to the public

Petal, the startup credit card company that’s offering a no-fee credit line to people without a credit history, is now publicly available. Launched earlier this year by co-founders Jason Gross, Andrew Endicott, Andrew Ehrich, and Jake Arenas, Petal has received a $34 million credit facility from Jeffries and Silicon Valley Bank to bring its consumer […]

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British Airways customer data stolen in data breach

British Airways has confirmed a data breach. The London-based airline, the largest in the UK, did not disclose much about the breach, only that hackers stole customer data from its website, ba.com. In a statement, BA said that the “personal and financial details” of customers who made bookings on BA’s site or app between August […]

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