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The End of Cash? New iPhone Apps Take Credit Cards

The race is on, or so it seems, to come up with the best mobile phone device for swiping and processing credit cards.

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The Curious Case of Courtney Love’s Credit Cards

True or false: Did rock singer Courtney Love take out 104 American Express cards, charge $352,059.67 to them, and then refuse to pay off the charges?

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Moody’s: Credit Card Defaults To Trend Up in 2010

With unemployment in record territory, credit card defaults are expected to get worse before they get better: Analysts at Moody’s predict that credit card charge-offs will peak at 12 to 13 percent towards the middle of 2010.

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End of Road for Hacker in Record Credit Card Theft

Authorities came one step closer to closing the chapter on the largest ever credit card theft in the U.S. on Tuesday, when Alberto Gonzales, a 28 year-old Florida resident, pleaded guilty to two counts of conspiracy in a federal court in Boston.

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MasterCard Report: Holiday Retail Sales Up 3.6%

U.S. retail sales improved this Holiday season compared to last year’s bleak performance, according to data released on Monday by SpendingPulse, a unit of MasterCard Advisors. Between November 1 and Christmas Eve, retail sales climbed by 3.6 percent, according to the MasterCard report.

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