There are only four such networks for credit cards, and building a new one can take decades.
Community banks don’t have the same scale as national banks — but they still have to compete and find ways to make up the lost revenue.
With government support waning, people could start tapping credit to make ends meet.
A statistician breaks down what’s behind the big, scary numbers.
A security breach at Capital One Financial compromised the personal information of about 106 million people, and in some cases the hacker obtained Social Security and bank account numbers.
Capital One must pay $210 million after settling charges from the Consumer Financial Protection Bureau that it misled credit card customers.
Capital One wants to link up with the Internet Bank ING Direct USA in a $9 billion deal, but it has to get approval from the Federal Reserve.
