Credit cards are an incredibly secure and convenient form of payment, but they aren't without their hassles.
When this happened in the past, you were often told to cancel your misplaced card and have it replaced. This was time consuming, and it disrupted all of your recurring payments to merchants that had your card on file.
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This Entrepreneur Went From $400,000 In Credit Card Debt To Selling His Business For $1.65 BillionSon of Indian immigrants, a former lawyer and now a CEO, Reggie Aggarwal took on an industry worth more than the GDP of 90% of countries in the world and built a billion-dollar business in the process.
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Credit Suisse’s Thiam needs more than self-helpThe Swiss bank’s profit rose in the first quarter, helped by falling costs. But a 4 pct revenue decline makes it harder for CEO Tidjane Thiam to hit his 10 pct return-on-equity target unless the top line recovers. That requires calm markets, and a more profitable investment bank.
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Venmo’s Latest Effort to Turn a Profit: Credit CardsExecutives at the digital payments company have been meeting with banks since last year to discuss issuing a Venmo-branded credit card. The PayPal-owned company is considering Synchrony Financial as its card-issuing partner.
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