94 Million Exposed: The Government’s Epic Fail on Privacy

Identity Theft

94 Million Exposed: The Government’s Epic Fail on Privacy

94 Million Exposed: The Government’s Epic Fail on Privacy

When you hear a number like “94 million” in the news, it’s usually because somebody won the lottery. This time around, no such luck. This 94 million is the number of Americans’ files in which personal information has been exposed, since 2009, to potential identity theft through data breaches at government agencies.  Go ahead, count… Read More

Hurricane Isaac: 10 Tips to Keep Your Identity Safe

Identity Theft

Hurricane Isaac: 10 Tips to Keep Your Identity Safe

Hurricane Isaac: 10 Tips to Keep Your Identity Safe

Naming tropical storms has been around since 1950, largely to avoid confusion among forecasters when more than one storm is brewing. But Hurricane Isaac, which delayed the Republican National Convention this week and is now projected to hit the Gulf Coast, has taken this anthropomorphic practice to a new level. When Hurricane Isaac was initially… Read More

The Wisconsin Department of Revenue: A Bargain for the Identity Theft Collective

Identity Theft

The Wisconsin Department of Revenue: A Bargain for the Identity Theft Collective

The Wisconsin Department of Revenue: A Bargain for the Identity Theft Collective

Scott Walker has earned a national reputation for his hack-and-slash approach to government spending. Working hand-in-glove with both Houses of the GOP-controlled legislature, the Wisconsin Governor gutted the collective bargaining rights of public sector unions. While tight with the purse strings when it comes to public employees and a self-proclaimed advocate for small business (though… Read More

CFPB Head Faces Tough Questions From Congress

Personal Finance

CFPB Head Faces Tough Questions From Congress

CFPB Head Faces Tough Questions From Congress

The federal consumer watchdog agency recently celebrated its first birthday, but GOP lawmakers are attacking it as vehemently as ever, questioning why it hasn’t done more to encourage lending to consumers. Republicans on the House Oversight and Government Reform subcommittee recently held federal Consumer Financial Protection bureau director Richard Cordray’s feet to the fire about… Read More

210 Million Reasons to Love the CFPB

Personal Finance

210 Million Reasons to Love the CFPB

210 Million Reasons to Love the CFPB

During the endless hearings leading up to the passage of the Dodd-Frank Wall Street Reform Act, which has its two-year anniversary this week, and an even more taxing series of hearings defending its existence, Elizabeth Warren, the Harvard Professor who can rightly be called the birthmother of the Consumer Financial Protection Bureau, said “America needs… Read More

Obama Turns Up the Heat on Student Loan Rate Increase

Students

Obama Turns Up the Heat on Student Loan Rate Increase

Obama Turns Up the Heat on Student Loan Rate Increase

There has been considerable discussion among federal lawmakers in the last several months about the way to best approach coming hikes to student loan interest rates, but little progress has been made. In the final few days before federal student loan interest rates are set to double from 3.4 percent to 6.8 percent, President Barack… Read More

Prepaid Provider Launches Competitive Mobile Payments Platform

Credit Cards

Prepaid Provider Launches Competitive Mobile Payments Platform

Prepaid Provider Launches Competitive Mobile Payments Platform

Rev Worldwide, the global payment company that owns U.S. prepaid debit card provider Mango Financial, is launching a card reader service intended to give small businesses earlier access to capital. The service, called RevCOIN, enables merchants to accept plastic payment methods at the point of sale via a mobile app or a credit/debit card reader… Read More

How the Major Mobile Payment Systems Stack Up

Credit Cards

How the Major Mobile Payment Systems Stack Up

How the Major Mobile Payment Systems Stack Up

These days, more consumers are looking to make purchases using debit and credit cards instead of cash, and a large number of businesses nationwide are trying to accommodate that demand by adopting mobile payment processing services. In the past, many smaller businesses were hesitant to begin accepting credit cards because of the high cost of… Read More

2 More Student Loan Rate Hike Bills Hit Wall

Students

2 More Student Loan Rate Hike Bills Hit Wall

2 More Student Loan Rate Hike Bills Hit Wall

There has been much discussion in recent months about the coming increase in interest rates on federal student loans, and lawmakers’ attempts to keep that jump from happening have largely stalled. Last week, two more attempts on the part of Republicans and Democrats in the U.S. Senate to freeze the interest rates on federally-issued student… Read More

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