MasterCard says that cardholders can expect checkout speeds closer to the “familiar magnetic stripe transactions with the added security of EMV.”
Only a minority of all U.S. workers appear to be taking basic financial steps needed to adequately prepare for retirement.
In 2015, 34 percent said they would reduce their debt load, compared to just 28 percent planning to do so this year.
Consumers complained they were unable to access funds loaded on their prepaid cards for an extended period of time.
Major auto insurance companies charge good drivers as much as 47 percent more for basic liability auto insurance if they don’t own their home.
One in 20 respondents to a new survey admitted having, or once having, a checking or savings account or credit card without telling their spouse or significant other.
The average size of a new home rose to about 2,720 square feet in 2015, from about 2,660 square feet the previous year.
“Regardless of whether they currently own a credit card, 25 percent of Millennials describe credit cards as something that worsens their financial standing,” Facebook said.
The program’s Leading Indicator of Remodeling Activity (LIRA) projects annual spending growth for home improvements will accelerate from 4.3 percent in the first quarter of 2016 to 7.6 percent in the third quarter.
About 56 percent of Americans have no savings for an unexpected expense, such as a $1,000 emergency room visit, and would have to borrow or reduce spending somewhere else.