Credit card balances are up as more people are borrowing more money, while credit card delinquencies have declined during the first half of 2014.
We have all heard the news that data breaches and the subsequent identity theft of all types is the fastest growing crime in the US today. More people and businesses are being impacted for larger dollar amounts − witness the impact of the Target and Home Depot breaches. Unfortunately, there is no such thing as [Read More...]
Webinar: Looking to the Future – Emerging Affluent Millennials 2 p.m. Eastern, September 30, 2014 Register As banks look towards the future and work on setting the foundation for growth, a key part of the plan is better understanding the preferences and needs of their Millennial customers and how to identify which of those Millennial [Read More...]
Theft of consumer financial and identity information is rising, and the subsequent use of those stolen identities to attempt breaches of other sites compounds the problem. So far this year there have been more than 100 data breaches caused by hacking or similar reasons according to the Privacy Rights Clearinghouse, with more than 200 breaches from all reasons. [Read More...]