Page 32 - First Data News Today

Data, thats probably one of those things thats sort of an unlimited sense for small businesses in a world where were worried that we are vulnerable. is that true? >> i think its important that the small business embraces the new terminal. and encryption. you see it happening. their ability to protect themselves is very important. and our job is to help them protect themselves. >> thanks for having you on the program. >> great to be here. >> first data ceo frank bisignano. the obama/putin power s...

Will become ceo of first data. matt zain, also formally ceo, and seen as a potential successor to jamie dimon, will take over that job. both were key on getting the bank back on track. and living social is e-mailing the 50 million customers whose accounts were hacked. the daily deal site says names, e-mails, birth dates and passwords were accessed, but no info on credit cards was stolen. living social is partly owned by amazon. betty? >> thats good that the credit card info was still in tact. >>...

Off so net net you might save money even with the interest charges. taking advantage of big deals seems to be the big reason that consumers are pulling the plastic out of their wallets this holiday season. and maybe even giving the economy a little boost in the process. >> overall, spending was up significantly. so, what that shows is consumers are willing to buy across a broad range of categories if the price is right. so the key trick former chants is going to be focused on getting the prices ...

Are back. first data reports that purchases of credit cards rose 8.2 percent the first quarter but by the third quarter that figure rose to 10.6 percent and the momentum continued and the black friday with 11.2 percent pop and these are the first double digit increases in credit card purchases since before the recession, the first data that says it is due in court for banks canceling rewards on the debit cards and in part to middle and lower income consumers having to pay more for food and fuel....