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Capital One’s breach was inevitable, because we did nothing after Equifax

Capital One’s breach was inevitable, because we did nothing after Equifax Another day, another massive data breach. This time it’s the financial giant and credit card issuer Capital One, which revealed on Monday a credit file breach affecting 100 million Americans and 6 million Canadians. Consumers and small businesses affected are those […]

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After Equifax breach, US watchdog says agencies aren’t properly verifying identities

After Equifax breach, US watchdog says agencies aren’t properly verifying identities A federal watchdog says the government should stop relying on the credit agencies to verify the identifies of those using government services. In a report out this week, the the Government Accountability Office said several government departments still rely on the […]

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Amazon’s new rewards card targets those with bad credit

Amazon’s new rewards card targets those with bad credit Amazon this morning announced the launch of Amazon Credit Builder, a new secured credit card offered in partnership with Synchrony Bank. As the name implies, the card is aimed at those who are looking to build their credit history — either to recover […]

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AeroGarden maker says hackers stole months of credit card data

AeroGarden maker says hackers stole months of credit card data Bad news for home gardeners: criminals might have your credit card data. AeroGrow, the maker of the at-home garden kit AeroGarden, said in a letter to customers that its website had credit card scraping malware for more than four months. The company […]

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

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 […]

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Vision Direct reveals breach that skimmed customer credit cards

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 […]

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

How the 22-year-old founders of Brex built a billion-dollar business in less than 2 years When Brazilian-born Henrique Dubugras and Pedro Franceschi met at 16 years old, they bonded over a love of coding and mutual frustrations with their strict mothers, who didn’t understand their Mark Zuckerberg-esque ambitions.  To be fair, their […]

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

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 […]

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FinAccel raises $30M to build a digital credit for Southeast Asia

FinAccel raises M to build a digital credit for Southeast Asia FinAccel, a Southeast Asia-based startup that offers a digital credit card service in Indonesia, has closed a $30 million Series B round as it begins to consider overseas expansion. The Singapore company launched its Kredivo service two years ago to help consumers […]

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Digit’s first move beyond saving money is a feature to pay down credit card debt

Digit’s first move beyond saving money is a feature to pay down credit card debt Digit, the developer of a wildly popular automatic savings mobile app, is moving beyond its core business with a new feature enabling users to pay down credit card debt from their Digit account. Announced earlier today the […]

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