Credit default swap

On United States college campuses, student identification cards are now developed with the ability to put campus cash onto the card which, is converted into a debit card that can be used to purchase goods and service at various university-affiliated stores on campus and off campus. In a prior study is shown that 42% of the surveyed students used their student identification card to purchase cigarettes. This founding had lead campuses and student identification cards to develop polices about…

operates as a credit monitoring company, revealed that over 15 million social security numbers and other proprietary information had been exposed due to a two year security breach of their computer systems. The breach affected several millions of T-Mobile customers. T-Mobile’s CEO quickly responded with an open letter to their customers, informing them of what had happened, expressing his displeasure for the incident and his dedication to ensuring that this issue is rectified by offering…

Shirley Cards were used by photo labs to calibrate skin tone, shadows and light during the printing process of a picture (npr.com). Shirley cards date back to the mid- 1950s, when Kodak was the primary company for color film (npr.com). What would happen is a customer would bring in their film to a shop or lab and they would then print the pictures for them In order to maintain clean and precise photos, a Shirley Card would be used to eliminate anything out of the ordinary. So where did the name…

5 Reasons Your Credit Score Is More Important Than Your GPA Your credit score can actually be more important than your GPA. GPA can determine certain aspects in your life, but your credit score will influence the cost of big purchases forever after graduation. It is also much easier to correct your GPA than messing up on your credit score. It can take years of positive payment to get your score back up. After graduating, your GPA tends to lose its importance, but your credit score will follow…

In December 2013, criminals forced their way into systems, gaining access to guest credit and debit card information. It was determined that certain guest information was also taken, for example, the information included names, mailing addresses, email addresses or phone numbers. The massive data breaches at Target were broken into the retailer's network using login credentials stolen from a heating, ventilation and air conditioning company. The hackers first tested the data-stealing malware…

infected by malware and their customer’s payment card data got exposed to hackers. Summary The security breach happened at Kmart affected unspecified number of stores which has compromised customers credit card numbers. As per the spoke person from Kmart they recently became aware of the unauthorized credit card activity following certain customer purchases at some of their Kmart stores. They immediately launched a thorough investigation and engaged leading forensic experts to review their…

Scams and the Elderly A scam occurs when a dishonest or deceptive person knowingly or illegally takes money away from an unsuspecting person. Financial fraud against the elderly has become so common in the United States that it is considered to be a form of elder abuse. Several states have laws to protect the victims. A study conducted by consumer digest has determined that 5 million cases of financial elder abuse occur every year. Yet only 1 in 25 cases are actually reported to law enforcement…

your credit score. It is vital as if you want to take out a loan or finance the lender will use the score as part of the assessment process of deciding if to lend you the money or not. High limit credit cards the applicants must have a great score to qualify due to the level of risk the lender is taking. By having a great credit score it will give you access to the best APR rates which will save you thousands of pounds over the duration of your lifetime. You will also gain access to the credit…

Consumer Credit: Too Easy To Fail What comes to mind when the term “credit” is used varies from person to person. Maybe credit means a pair of shiny new shoes, or just a fun shopping trip in general. Or maybe credit invokes stress when a pile of bills and late notices comes to mind. Or maybe, nothing comes to mind at all, because cash is king. Like everything, credit over the years has evolved. It has changed its face and grown into something much different from when it began. In today…

Online banking which also is referred to as internet Banking or electronic Banking (eBank), connects the consumers to the bank 's internet site through a browser as the means of conducting and managing various banking activities. It is noteworthy to mention that the banks are not restricted to exist exclusively online or to have a physical site; rather they can be any of the two or the combination of both. There are banks that have no physical sites, e.g. Telebank in Arlington, Virginia, while…