In Your Face Credit: MasterCard Testing Facial Recognition Scanning
Passwords and fingerprints may soon become obsolete. Now comes “facial recognition” as the next step in the mobile payments evolution. MasterCard is testing online purchases that can be approved...
Dropout Rate Hits 51% in Obama’s Mortgage Modification Program
More than half – 682,659 homeowners –of the more than 1.3 million borrowers in the Obama Administration’s mortgage modification effort have dropped out of the program as the foreclosure crisis...
More Americans Say Bank Deposit Insurance Too High at $250,000
More Americans (34 percent) say U.S. bank deposit insurance is too high at $250,000, compared to 22 percent who say it should be higher, says a new Rasmussen survey. However, 9 out of 10 Americans...
Discover ‘It’ Card Offers Late-Payment Forgiveness, Few Penalties
Discover Financial Services is hard at work promoting its newest “It” card on television commercials, with a feature that consumer advocates hope becomes more of a trend: late-payment...
There is a bright spot in Friday’s overall gloomy jobs report: construction jobs are growing more than twice as fast as the overall employment rate.And most of those workers are building new homes,...
Borrowers, Should You Be Ready for Fed’s First Interest Rate Hike?
Even Wall Street’s closest followers of the Federal Reserve’s policy makers are not exactly sure when the first short-term interest rate hike will come, but consensus has unified on September, at...
