Equifax dumps CEO in wake of damaging data breach

/ Sep 26, 2017

Equifax dumps CEO in wake of damaging data breach

Credit reporting agency Equifax is ousting CEO Richard Smith in an effort to clean up the mess left by a damaging data breach that exposed highly sensitive information about 143 million Americans. The shake-up announced Tuesday comes after Equifax disclosed that hackers exploited a software ...

/ Aug 17, 2016

Myanmar bank offers JCB credit cards

A private bank in Myanmar on Tuesday began issuing JCB credit and debit cards, becoming the first in the country to do so. Ayeyarwady Bank, also known as AYA Bank, is offering the AYA Universal MPU-JCB Co-Brand Card in an arrangement with Myanmar Payment Union ...

AMEX looks to double Japan profit

/ Nov 26, 2014

AMEX looks to double Japan profit


The Japanese unit of American Express Co. wants to double its profit and market share by attracting owners of small companies as customers and increasing partnerships with other card issuers, its president said Wednesday. "We don't have a time frame, but we want to double ...

Jun 6, 2014

Kids using parents' cards to buy phone game access

Children are increasingly paying to play smartphone-based games by secretly using their parents' credit cards, the National Consumer Affairs Center of Japan warned Friday. There were 490 cases of children under 10 brought to consumer centers nationwide in fiscal 2013, a roughly threefold rise from ...

/ Oct 11, 2013

Japan credit card sales seen accelerating on stock rally

Japanese credit card transactions will accelerate this year as rising stock prices boost consumer confidence and spending, according to Sumitomo Mitsui Financial Group Inc.'s card unit. "Luxury items are selling well," Hideo Shimada, president of Sumitomo Mitsui Card Co., said in Tokyo this month. "High ...