Visa Inc.
said its chief financial officer,
Vasant Prabhu,
is stepping down as the payments giant works to continue growing certain merchant services and…
The job market for information-technology professionals shrank in January for the first time in over two years, a sign that IT staffers are facing the same scrutiny as workers in other positions and sectors as companies slow spending. The…
Corporations in energy, finance and telecommunications got together last week to square off on their cyber-defense skills, a match that participants claimed was the first tri-industry exercise organized entirely by the private sector.Power…
Visa Inc.,
Mastercard Inc.
and American Express Co. should begin tracking gun sales and flagging suspicious purchases to law enforcement, similar to how financial…
Investors like the idea of buying now. It is paying later that has them stressed out.With consumer borrowing and spending on the rise in recent months, shares of several card network providers and credit-card lenders have outperformed…
Klarna Bank AB is seeking to raise new funds that could value the fintech giant at almost a third less than the roughly $46 billion valuation it achieved just under a year ago, according to people familiar with the matter, an example of the…
Consumers with low credit scores are falling behind on payments for car loans, personal loans and credit cards, a sign that the healthiest consumer lending environment on record in the U.S. is coming to an end.The share of subprime credit…