#creditcards — Public Fediverse posts

New Lidl 27-piece £8 item similar to £50 Tesco and £23 John Lewis out Thursday

https://fed.brid.gy/r/https://www.mirror.co.uk/money/shopping-deals/new-lidl-27-piece-8-37732631

Coronation Street reveals Sam Blakeman's horror secret - and it's not about Eva

https://web.brid.gy/r/https://www.mirror.co.uk/tv/tv-news/coronation-street-sam-tonight-eva-37724947

Coronation Street reveals Sam Blakeman's horror secret - and it's not about Eva

https://web.brid.gy/r/https://www.mirror.co.uk/tv/tv-news/coronation-street-sam-tonight-eva-37724947

Coronation Street reveals Sam Blakeman's horror secret - and it's not about Eva

https://fed.brid.gy/r/https://www.mirror.co.uk/tv/tv-news/coronation-street-sam-tonight-eva-37724947

Coronation Street reveals Sam Blakeman's horror secret - and it's not about Eva

https://web.brid.gy/r/https://www.mirror.co.uk/tv/tv-news/coronation-street-sam-tonight-eva-37724947

New study finds 78% of Americans blame inflation for their debt

New York Post may receive revenue from affiliate and advertising partnerships for sharing this content and/or when you…
#Economy #babyboomers #business #creditcards #debt #debtrelief #Finance #genz #Millennials #PersonalFinance
https://www.europesays.com/3282788/

Will Europe unseat Visa, Mastercard?

This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free…
#Europe #EU #cardnetworks #creditcards #EuropeanCentralBank #Mastercard #paymentssystem #paymentssystems #rbccapitalmarkets #subscriptionpayments #TheEuropeanUnion #Visa
https://www.europesays.com/europe/149706/

What To Watch On YouTube Right Now – Part 156

Welcome back my readers, YouTube viewers and all others who followed this series of articles focused on YouTube videos worth watching.

Have you been searching for something fun or interesting to watch on YouTube? Do you feel bored right now and you crave for something to see on the world’s most popular online video destination?

I recommend you check out the following videos I found.

#1 Virtua Fighter anime revisited – Remember back in the 1990s when Sega struck gold with the groundbreaking success of the first Virtua Fighter game? Virtua Fighter was their first 3D polygonal fighting game and it easily attracted attention as well as tons of money from arcade gamers and later console gamers. Virtua Fighter also sparked strong sales for the Sega Saturn console in Japan. Along the way, Sega itself got involved in anime productions with their ownership of TMS Entertainment and by the year 1995, the Virtua Fighter anime TV series was launched. To be clear, the Virtua Fighter anime series was not a simple production as the creators behind it made something cohesive as well as the characters worth following. To learn more about the said anime, watch the GTV Japan video below.

https://youtu.be/zeYiCk8o3Tc?si=Yci3qUWp9Dc0fFm6

#2 A look at the legacy of Reggie Lewis – When the late Reggie Lewis first entered the NBA as a rookie, the Celtics were still the best in the Eastern Conference and their famous starting five of Larry Bird, Kevin McHale, Robert Parish, Dennis Johnson and Danny Ainge were aging. During his second season, Lewis improved heavily as he replaced the injured Larry Bird, and he went on to become a very productive Celtic over the next several years. Tragedy struck in 1993 when Lewis died at age 27 and the details behind his heart condition and death are complicated to say the least. What most people did not know was that Lewis entered the NBA to lift his family (note: his mother was a drug addict) up from poverty. The legacy of Reggie Lewis is explained in detail in the video below and I encourage you all to watch it.

https://youtu.be/6Lfj0vh-lCA?si=nrxgPO9vt1TbpU0b

#3 The Creepiest Episodes of Unsolved Mysteries – Recently, YouTuber Minty Comedic Arts posted a video about the ten creepiest episodes of Unsolved Mysteries (hosted by the late Robert Stack). In that video, I saw most of the creepy episodes featured and there were a few ones that I saw for the first time. Indeed, almost all the episodes of Unsolved Mysteries can be viewed for free on YouTube and there are some that were missing due to legal reasons. Now is the time to watch Minty’s video below. Tell me if you find them creepy.

https://youtu.be/YXESRqCdPDI?si=zSXhD5kWtGSSpWsr

#4 American cheese in Japan – With the intensifying demand for cheese around the world, there is now a so-called battle for market share. In Japan, most cheese offered are imported and their prices have gone up significantly affecting the restaurants and local consumers. Along the way, cheese produced in the United States have entered Japan in growing numbers and it is being offered to local businesses and consumers for their consumption and cooking needs. America has key advantages with regards to production of milk and cheese and there is a renewed focus on exporting products aggressively. Watch and learn from the Nippon TV video below.

https://youtu.be/q0N2WE7GmoI?si=7enTp0lheDD8b6Ev

#5 The Unreleased Marvel 2099 Video Game of the 1990s – Thirty years ago, I read a video game magazine and got excited over the news about an official video game based on the Marvel 2099 comics franchise. I already read lots of issues of Spider-Man 2099, X-Men 2099, Ravage 2099, Punisher 2099, Doom 2099, and the 2099 Unlimited quarterly series. That said, I was delightfully surprised that the Marvel 2099 game was set for release on PlayStation. Then as time passed by, nothing happened and the unreleased game was forgotten. To find out exactly what happened, go watch the in-depth video below.

https://youtu.be/b0WnJYJ8SZ4?si=tKguTtcPuwIrhl1g

#6 Chopping Mall reaction videos – How many times have you seen a horror movie or a cinematic misadventure that happened inside a shopping mall? In 1986, the low-budget techno-horror movie Chopping Mall (original title: Killbots) was released and it had a lot of scenes filmed inside the Sherman Oaks Galleria (which was also a location for Commando and Fast Times at Ridgemont High) in California. What makes Chopping Mall unique is its concept of security robots going rogue and harming people which brings back vibes of The Terminator. In today’s age of rampant artificial intelligence (AI) development, Chopping Mall has gotten more socially relevant and it has been featured in many movie reaction and retro review videos on YouTube. I found for you guys and gals the more engaging videos of the said movie.

https://youtu.be/8C7VO551eNM?si=FuJ9_ffutl8XlOZQ

https://youtu.be/EcimecxSQ2Y?si=LnTTcZs5htTIoZvE

https://youtu.be/vsaIGA4Z1G0?si=oHrnW7dGNvgNfTIN

https://youtu.be/HSkvecbzYTc?si=mCLuKv12s9pGA0uE

https://youtu.be/PKZH7yv0u4U?si=c11BrmSWAE8ufZOZ

#7 Adults Who Went to the Extreme for Disney and Buried Themselves with Debt – What is the worst thing you can do with your time and money with regards to entertainment from the woke Disney company? A few years ago, a survey found that 24% of all Disney-goers accrued debt during their trips along with 45% of parents with children (aged below 18). To be very clear, visiting a Disney theme park with the family is very costly and the very expensive rates on the food, transportation, accommodations, souvenirs and services related with Disney won’t fade away. Even with those painful prices, there still are certain adults who put themselves at huge financial risks because they could not restrain themselves from enjoying anything Disney. The Disney adults are real, and they lack discipline on spending. In the long run, these people are morally and spiritually lost. You better not follow their bad examples, and you can find out why by watch the informative video below.

https://youtu.be/BlYHEEWghjA?si=_OUncXwGcyYpHjPE

+++++

Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco

What To Watch On YouTube Right Now – Part 156

Welcome back my readers, YouTube viewers and all others who followed this series of articles focused on YouTube videos worth watching.

Have you been searching for something fun or interesting to watch on YouTube? Do you feel bored right now and you crave for something to see on the world’s most popular online video destination?

I recommend you check out the following videos I found.

#1 Virtua Fighter anime revisited – Remember back in the 1990s when Sega struck gold with the groundbreaking success of the first Virtua Fighter game? Virtua Fighter was their first 3D polygonal fighting game and it easily attracted attention as well as tons of money from arcade gamers and later console gamers. Virtua Fighter also sparked strong sales for the Sega Saturn console in Japan. Along the way, Sega itself got involved in anime productions with their ownership of TMS Entertainment and by the year 1995, the Virtua Fighter anime TV series was launched. To be clear, the Virtua Fighter anime series was not a simple production as the creators behind it made something cohesive as well as the characters worth following. To learn more about the said anime, watch the GTV Japan video below.

https://youtu.be/zeYiCk8o3Tc?si=Yci3qUWp9Dc0fFm6

#2 A look at the legacy of Reggie Lewis – When the late Reggie Lewis first entered the NBA as a rookie, the Celtics were still the best in the Eastern Conference and their famous starting five of Larry Bird, Kevin McHale, Robert Parish, Dennis Johnson and Danny Ainge were aging. During his second season, Lewis improved heavily as he replaced the injured Larry Bird, and he went on to become a very productive Celtic over the next several years. Tragedy struck in 1993 when Lewis died at age 27 and the details behind his heart condition and death are complicated to say the least. What most people did not know was that Lewis entered the NBA to lift his family (note: his mother was a drug addict) up from poverty. The legacy of Reggie Lewis is explained in detail in the video below and I encourage you all to watch it.

https://youtu.be/6Lfj0vh-lCA?si=nrxgPO9vt1TbpU0b

#3 The Creepiest Episodes of Unsolved Mysteries – Recently, YouTuber Minty Comedic Arts posted a video about the ten creepiest episodes of Unsolved Mysteries (hosted by the late Robert Stack). In that video, I saw most of the creepy episodes featured and there were a few ones that I saw for the first time. Indeed, almost all the episodes of Unsolved Mysteries can be viewed for free on YouTube and there are some that were missing due to legal reasons. Now is the time to watch Minty’s video below. Tell me if you find them creepy.

https://youtu.be/YXESRqCdPDI?si=zSXhD5kWtGSSpWsr

#4 American cheese in Japan – With the intensifying demand for cheese around the world, there is now a so-called battle for market share. In Japan, most cheese offered are imported and their prices have gone up significantly affecting the restaurants and local consumers. Along the way, cheese produced in the United States have entered Japan in growing numbers and it is being offered to local businesses and consumers for their consumption and cooking needs. America has key advantages with regards to production of milk and cheese and there is a renewed focus on exporting products aggressively. Watch and learn from the Nippon TV video below.

https://youtu.be/q0N2WE7GmoI?si=7enTp0lheDD8b6Ev

#5 The Unreleased Marvel 2099 Video Game of the 1990s – Thirty years ago, I read a video game magazine and got excited over the news about an official video game based on the Marvel 2099 comics franchise. I already read lots of issues of Spider-Man 2099, X-Men 2099, Ravage 2099, Punisher 2099, Doom 2099, and the 2099 Unlimited quarterly series. That said, I was delightfully surprised that the Marvel 2099 game was set for release on PlayStation. Then as time passed by, nothing happened and the unreleased game was forgotten. To find out exactly what happened, go watch the in-depth video below.

https://youtu.be/b0WnJYJ8SZ4?si=tKguTtcPuwIrhl1g

#6 Chopping Mall reaction videos – How many times have you seen a horror movie or a cinematic misadventure that happened inside a shopping mall? In 1986, the low-budget techno-horror movie Chopping Mall (original title: Killbots) was released and it had a lot of scenes filmed inside the Sherman Oaks Galleria (which was also a location for Commando and Fast Times at Ridgemont High) in California. What makes Chopping Mall unique is its concept of security robots going rogue and harming people which brings back vibes of The Terminator. In today’s age of rampant artificial intelligence (AI) development, Chopping Mall has gotten more socially relevant and it has been featured in many movie reaction and retro review videos on YouTube. I found for you guys and gals the more engaging videos of the said movie.

https://youtu.be/8C7VO551eNM?si=FuJ9_ffutl8XlOZQ

https://youtu.be/EcimecxSQ2Y?si=LnTTcZs5htTIoZvE

https://youtu.be/vsaIGA4Z1G0?si=oHrnW7dGNvgNfTIN

https://youtu.be/HSkvecbzYTc?si=mCLuKv12s9pGA0uE

https://youtu.be/PKZH7yv0u4U?si=c11BrmSWAE8ufZOZ

#7 Adults Who Went to the Extreme for Disney and Buried Themselves with Debt – What is the worst thing you can do with your time and money with regards to entertainment from the woke Disney company? A few years ago, a survey found that 24% of all Disney-goers accrued debt during their trips along with 45% of parents with children (aged below 18). To be very clear, visiting a Disney theme park with the family is very costly and the very expensive rates on the food, transportation, accommodations, souvenirs and services related with Disney won’t fade away. Even with those painful prices, there still are certain adults who put themselves at huge financial risks because they could not restrain themselves from enjoying anything Disney. The Disney adults are real, and they lack discipline on spending. In the long run, these people are morally and spiritually lost. You better not follow their bad examples, and you can find out why by watch the informative video below.

https://youtu.be/BlYHEEWghjA?si=_OUncXwGcyYpHjPE

+++++

Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco

Python MaaS Infostealer Builder Steals Passwords, Credit Cards and Cookies From 17 Browsers

A Python-based malware builder can turn a single stealer into Windows programs for different operators. The tool packages a payload designed to take saved passwords, payment card details and browser cookies, then send them to an attacker-controlled webhook set by its operator. Its reach extends beyond browsers to messaging accounts, wireless passwords and details about […] The post Python MaaS Infostealer Builder Steals Passwords, Credit Cards and Cookies From 17 Browsers appeared first on Cyber Security News .

Pulse ID: 6aba2b95739cc9bc03cabb65
Pulse Link: https://otx.alienvault.com/pulse/6aba2b95739cc9bc03cabb65
Pulse Author: CyberHunter_NL
Created: 2026-09-28 08:55:49

Be advised, this data is unverified and should be considered preliminary. Always do further verification.

#Cookies #CreditCards #InfoStealer #MaaS #OTX #CyberHunter_NL

Python MaaS Infostealer Builder Steals Passwords, Credit Cards and Cookies From 17 Browsers

A Python-based malware builder can turn a single stealer into Windows programs for different operators. The tool packages a payload designed to take saved passwords, payment card details and browser cookies, then send them to an attacker-controlled webhook set by its operator. Its reach extends beyond browsers to messaging accounts, wireless passwords and details about […] The post Python MaaS Infostealer Builder Steals Passwords, Credit Cards and Cookies From 17 Browsers appeared first on Cyber Security News .

Pulse ID: 6aba2b95739cc9bc03cabb65
Pulse Link: https://otx.alienvault.com/pulse/6aba2b95739cc9bc03cabb65
Pulse Author: CyberHunter_NL
Created: 2026-09-28 08:55:49

Be advised, this data is unverified and should be considered preliminary. Always do further verification.

#Cookies #CreditCards #InfoStealer #MaaS #OTX #CyberHunter_NL

Python MaaS Infostealer Builder Steals Passwords, Credit Cards and Cookies From 17 Browsers

A Python-based malware builder can turn a single stealer into Windows programs for different operators. The tool packages a payload designed to take saved passwords, payment card details and browser cookies, then send them to an attacker-controlled webhook set by its operator. Its reach extends beyond browsers to messaging accounts, wireless passwords and details about […] The post Python MaaS Infostealer Builder Steals Passwords, Credit Cards and Cookies From 17 Browsers appeared first on Cyber Security News .

Pulse ID: 6aba2b95739cc9bc03cabb65
Pulse Link: https://otx.alienvault.com/pulse/6aba2b95739cc9bc03cabb65
Pulse Author: CyberHunter_NL
Created: 2026-09-28 08:55:49

Be advised, this data is unverified and should be considered preliminary. Always do further verification.

#Cookies #CreditCards #InfoStealer #MaaS #OTX #CyberHunter_NL

Python MaaS Infostealer Builder Steals Passwords, Credit Cards and Cookies From 17 Browsers

A Python-based malware builder can turn a single stealer into Windows programs for different operators. The tool packages a payload designed to take saved passwords, payment card details and browser cookies, then send them to an attacker-controlled webhook set by its operator. Its reach extends beyond browsers to messaging accounts, wireless passwords and details about […] The post Python MaaS Infostealer Builder Steals Passwords, Credit Cards and Cookies From 17 Browsers appeared first on Cyber Security News .

Pulse ID: 6aba2b95739cc9bc03cabb65
Pulse Link: https://otx.alienvault.com/pulse/6aba2b95739cc9bc03cabb65
Pulse Author: CyberHunter_NL
Created: 2026-09-28 08:55:49

Be advised, this data is unverified and should be considered preliminary. Always do further verification.

#Cookies #CreditCards #InfoStealer #MaaS #OTX #CyberHunter_NL

Care home worker took grieving family's £3,200 for herself

https://web.brid.gy/r/https://www.mirror.co.uk/news/uk-news/care-home-worker-took-grieving-37708587

Care home worker took grieving family's £3,200 for herself

https://fed.brid.gy/r/https://www.mirror.co.uk/news/uk-news/care-home-worker-took-grieving-37708587

Care home worker took grieving family's £3,200 for herself

https://web.brid.gy/r/https://www.mirror.co.uk/news/uk-news/care-home-worker-took-grieving-37708587

Old-School Credit Card Scams Are Far From Dead

https://fed.brid.gy/r/https://www.wired.com/story/kernel-panic-old-timey-credit-card-scams/

Old-School Credit Card Scams Are Far From Dead

https://fed.brid.gy/r/https://www.wired.com/story/kernel-panic-old-timey-credit-card-scams/

Old-School Credit Card Scams Are Far From Dead

https://fed.brid.gy/r/https://www.wired.com/story/kernel-panic-old-timey-credit-card-scams/

Old-School Credit Card Scams Are Far From Dead

https://fed.brid.gy/r/https://www.wired.com/story/kernel-panic-old-timey-credit-card-scams/

For about $25 per target, open-source AI agents scanned companies, exploited vulnerabilities, installed payment skimmers and destroyed database tables.

At least 27 companies were breached and 600,000 credit card records stolen.

Listen/Read: https://hackread.com/open-source-ai-agents-breach-credit-card-records/

#Cybersecurity #AIAgents #DataBreach #CreditCards #Skimmer

For about $25 per target, open-source AI agents scanned companies, exploited vulnerabilities, installed payment skimmers and destroyed database tables.

At least 27 companies were breached and 600,000 credit card records stolen.

Listen/Read: https://hackread.com/open-source-ai-agents-breach-credit-card-records/

#Cybersecurity #AIAgents #DataBreach #CreditCards #Skimmer

For about $25 per target, open-source AI agents scanned companies, exploited vulnerabilities, installed payment skimmers and destroyed database tables.

At least 27 companies were breached and 600,000 credit card records stolen.

Listen/Read: https://hackread.com/open-source-ai-agents-breach-credit-card-records/

#Cybersecurity #AIAgents #DataBreach #CreditCards #Skimmer

For about $25 per target, open-source AI agents scanned companies, exploited vulnerabilities, installed payment skimmers and destroyed database tables.

At least 27 companies were breached and 600,000 credit card records stolen.

Listen/Read: https://hackread.com/open-source-ai-agents-breach-credit-card-records/

#Cybersecurity #AIAgents #DataBreach #CreditCards #Skimmer

The Register: Nine-year-old runs up $118,000 bill on dad’s corporate credit card advertising his Roblox YouTube channel. “There’s kids running up a few hundred bucks on in-app purchases, and then there’s the case of nine-year old YouTuber Mighty Mike Plays, who just cost his dad $118,000 – and possibly his job – after running a bunch of Google ad campaigns for his channel on papa’s […]

The Register: Nine-year-old runs up $118,000 bill on dad’s corporate credit card advertising his Roblox YouTube channel. “There’s kids running up a few hundred bucks on in-app purchases, and then there’s the case of nine-year old YouTuber Mighty Mike Plays, who just cost his dad $118,000 – and possibly his job – after running a bunch of Google ad campaigns for his channel on papa’s […]

The Register: Nine-year-old runs up $118,000 bill on dad’s corporate credit card advertising his Roblox YouTube channel. “There’s kids running up a few hundred bucks on in-app purchases, and then there’s the case of nine-year old YouTuber Mighty Mike Plays, who just cost his dad $118,000 – and possibly his job – after running a bunch of Google ad campaigns for his channel on papa’s […]

The Register: Nine-year-old runs up $118,000 bill on dad’s corporate credit card advertising his Roblox YouTube channel. “There’s kids running up a few hundred bucks on in-app purchases, and then there’s the case of nine-year old YouTuber Mighty Mike Plays, who just cost his dad $118,000 – and possibly his job – after running a bunch of Google ad campaigns for his channel on papa’s […]

President Trump addresses Federal Reserve rate hike amid inflation concerns

President Trump addresses Federal Reserve rate hike amid i…
#Economy #BrownUniversity #ClimateSolutionsLab #creditcards #DonaldTrump #Fedindependence #FederalReserve #FederalReserveSystem #fields #fuelcosts #gasolineprices #gastonia #householdbudgets #Inflation #interestrates #Iran #KevinWarsh #MonetaryPolicy #mortgagerates #northcarolina #Politics #ratehike #TruthSocial #UnitedStates
https://www.europesays.com/3255585/

BBC expert anyone with M&S, TSB, Lloyds, Tesco, HSBC credit card £3,000 alert

Finance expert Laura Pomfret appeared on BBC Morning Live over potential money making method 10:25, 16 Sep 2026Updated…
#EuropeSays #Britain #Europe #EU #HSBC #Banks #BBC #Creditcards #Savings #Tesco
https://www.europesays.com/britain/125259/

https://www.europesays.com/britain/125259/ BBC expert anyone with M&S, TSB, Lloyds, Tesco, HSBC credit card £3,000 alert #Banks #BBC #CreditCards #HSBC #Savings #Tesco

Woman says she's 'tired' trying to prove she's alive after being declared dead by government

https://fed.brid.gy/r/https://www.mirror.co.uk/news/us-news/woman-says-shes-tired-trying-37657928

Does anyone know about a tool/site like haveibeenpwned.com that lets one search for breached credit cards?

#creditcards #breach #askfedi

Holiday shopping frenzy: Israelis flock to the stores

Just before Rosh Hashanah began, shopping centers, supermarket chains and stores across the country filled with thousands of…
#NewsBeep #News #BreakingNews #breakingnews #CreditCards #Israel #RoshHashanah #Shopping
https://www.newsbeep.com/727533/

https://www.europesays.com/iran/287858/ Holiday shopping frenzy: Israelis flock to the stores #CreditCards #Israel #RoshHashanah #SHOPPING

Greedy death row inmate's huge last meal revealed before execution

https://web.brid.gy/r/https://www.mirror.co.uk/news/us-news/obese-death-row-meal-execution-37650376

Greedy death row inmate's huge last meal revealed before execution

https://fed.brid.gy/r/https://www.mirror.co.uk/news/us-news/obese-death-row-meal-execution-37650376

Greedy death row inmate's huge last meal revealed before execution

https://web.brid.gy/r/https://www.mirror.co.uk/news/us-news/obese-death-row-meal-execution-37650376

FOS on the hook for millions in legal fees to Barclays and Natwest

Monday 07 September 2026 4:47 pm  |  Updated:  Monday 07 September 2026 4:48 pm Barclays is set to claw…
#EuropeSays #Britain #Europe #EU #Barclays #banking #Business #credit #creditcard #Creditcards #CreditFacility #financialombudsmanservice #HighCourt #lawsuit #legal #NatWest #News #regulator #Santander #SantanderUK #vanquis #vanquisbankinggroup
https://www.europesays.com/britain/119424/

https://www.europesays.com/britain/119424/ FOS on the hook for millions in legal fees to Barclays and Natwest #banking #Barclays #Business #credit #CreditCard #CreditCards #CreditFacility #FinancialOmbudsmanService #HighCourt #lawsuit #legal #NatWest #News #regulator #Santander #SantanderUK #vanquis #VanquisBankingGroup

“Anyone who has ever struggled with poverty knows how extremely expensive it is to be poor”*…

We’ve become a nation of credit and debit card users. As of this year, Pew reports, 42% of Americans don’t use cash for purchases in a typical week (up from 24% in 2015); another 46% use a mix of cash and plastic; only 12% use mostly (or entirely) cash. The Federal Reserve reports, unsuprisingly, that cash remains the dominant mode for the elderly and the poor; debit cards, for lower-to-middle-income households.

NBER unpacks one little-understood consequence of this shift…

Every time a consumer swipes a credit card, the merchant pays an interchange fee—typically around 1.9 percent of the transaction value—most of which funds the rewards that cardholders receive. Because merchants generally charge the same prices regardless of how customers pay, consumers who use cash or debit cards effectively help finance the rewards enjoyed by credit card users. In Who Pays for Payments? (NBER Working Paper 35067), Mark L. Egan, Gregor Matvos, Amit Seru, Lulu Wang, and Vincent Yao use novel merchant-level data from Fiserv—one of the largest US merchant acquirers—to measure how the payment system redistributes resources.

The primary dataset contains establishment-level payment data from 2006 to 2022, including total payment values, transaction counts, and interchange fees paid for different card types…

… The researchers’ analysis using these datasets suggests that interchange fees transfer approximately $30 billion annually from cash and debit card users to credit card users. Cash users lose about 96 basis points of purchasing power, and regulated debit card users lose roughly 47 basis points, while basic and premium credit card users gain approximately 48 and 59 basis points, respectively. Because credit card use rises with income, the system generates an estimated $9.2 billion annual transfer from households earning less than $150,000 to those earning more.

Two forces moderate this redistribution. First, the tendency for cash, debit, and credit card users to shop at different merchants limits the overlap necessary for cross-subsidization. Second, where overlap does occur, such as at large grocery stores and gas stations, interchange fees tend to be lower due to sector discounts and negotiated rates. Together, these forces reduce the transfer by approximately 25 percent relative to the transfer that would occur with homogeneous consumers and merchants.

The researchers also examine the redistributive consequences of two specific developments in the payment system. The first is the Durbin Amendment, which capped interchange fees on debit cards issued by large banks. The authors show that one perhaps unintended consequence of the amendment was that it primarily benefited credit card users through lower retail prices at the expense of regulated debit card users, who lost approximately $9.6 billion in rewards and free checking benefits. This was a net transfer from middle-income to higher-income households. The second development is the rise of premium credit cards, which grew from 15 percent of credit card volume in 2006 to 60 percent by 2022. This has also been a regressive development. While premium cardholders gained about $7.9 billion, debit card users—not cash users—bore the largest dollar losses because they shop most frequently alongside premium card users…

The rich getting richer: “Who Ultimately Pays Credit Card Interchange Fees?” from @nber.org.

Pair with Annie Lowrey on another burden– a “time tax”– that falls disportionately on the neediest: “How American Bureaucracy (Literally) Steals Years From Your Life“:

Washington currently estimates that Americans spend 12 billion hours a year filling out government forms, meaning the average person spends six 8-hour workdays filing their taxes, signing up for Medicaid, renewing their driver’s licenses, and applying for government loans. At prevailing wages, this uncompensated labor is worth $430 billion a year. If Washington were to create a Department of Bureaucracy to take on the paperwork it shunts to citizens, the agency would require 5.9 million employees, making it four times the size of the active-duty military. The DOB’s payroll would be larger than that of every other federal department combined.

The nation’s paperwork regime frustrates every resident, and particularly lower-income residents who use more government programs and interact more frequently with public officials. The political scientist Elizabeth Cohen has done seminal work exploring time as a potent, if obscure, form of political currency. “The devaluation of a person or group’s political time is a structural obstacle to equality,” she writes. Yet we can’t measure time and effort as easily as we measure dollars, and we don’t even try. The 12-billion-hour estimate is an undercount, and an egregious one…

* James Baldwin (see also Terry Pratchett’s “Boots theory“)

###

As we second-guess secreted subventions, we might spare a thought for Jean-Baptiste Colbert; he died on this date in 1683. A French statesman who served as First Minister of State under the rule of King Louis XIV from 1661 until his death. His lasting impact on the organization of the country’s politics and markets, known as Colbertism, a form of the mercantilism so popular in the Trump Administration today. Colbert also helped craft the Code Noir, a legal instrument that sanctioned an intentionally brutal system of torture and repression to enforce institutional slavery in the French colonial empire and restrict the enterprise of free Black people.

Though Colbert was more competent and less crony-ish than the crew at “work” in D.C. over the last couple of years, his goal of a healthy economy was frustrated by a King whose spending out-ran (and whose favoritism undermined) Colbert’s efforts. In the longer run, many economists suggest that “Colbertism” has contributed to contributed to a lack of adaptability in French industry and a hostility to technological innovation.

source

“Anyone who has ever struggled with poverty knows how extremely expensive it is to be poor”*…

We’ve become a nation of credit and debit card users. As of this year, Pew reports, 42% of Americans don’t use cash for purchases in a typical week (up from 24% in 2015); another 46% use a mix of cash and plastic; only 12% use mostly (or entirely) cash. The Federal Reserve reports, unsuprisingly, that cash remains the dominant mode for the elderly and the poor; debit cards, for lower-to-middle-income households.

NBER unpacks one little-understood consequence of this shift…

Every time a consumer swipes a credit card, the merchant pays an interchange fee—typically around 1.9 percent of the transaction value—most of which funds the rewards that cardholders receive. Because merchants generally charge the same prices regardless of how customers pay, consumers who use cash or debit cards effectively help finance the rewards enjoyed by credit card users. In Who Pays for Payments? (NBER Working Paper 35067), Mark L. Egan, Gregor Matvos, Amit Seru, Lulu Wang, and Vincent Yao use novel merchant-level data from Fiserv—one of the largest US merchant acquirers—to measure how the payment system redistributes resources.

The primary dataset contains establishment-level payment data from 2006 to 2022, including total payment values, transaction counts, and interchange fees paid for different card types…

… The researchers’ analysis using these datasets suggests that interchange fees transfer approximately $30 billion annually from cash and debit card users to credit card users. Cash users lose about 96 basis points of purchasing power, and regulated debit card users lose roughly 47 basis points, while basic and premium credit card users gain approximately 48 and 59 basis points, respectively. Because credit card use rises with income, the system generates an estimated $9.2 billion annual transfer from households earning less than $150,000 to those earning more.

Two forces moderate this redistribution. First, the tendency for cash, debit, and credit card users to shop at different merchants limits the overlap necessary for cross-subsidization. Second, where overlap does occur, such as at large grocery stores and gas stations, interchange fees tend to be lower due to sector discounts and negotiated rates. Together, these forces reduce the transfer by approximately 25 percent relative to the transfer that would occur with homogeneous consumers and merchants.

The researchers also examine the redistributive consequences of two specific developments in the payment system. The first is the Durbin Amendment, which capped interchange fees on debit cards issued by large banks. The authors show that one perhaps unintended consequence of the amendment was that it primarily benefited credit card users through lower retail prices at the expense of regulated debit card users, who lost approximately $9.6 billion in rewards and free checking benefits. This was a net transfer from middle-income to higher-income households. The second development is the rise of premium credit cards, which grew from 15 percent of credit card volume in 2006 to 60 percent by 2022. This has also been a regressive development. While premium cardholders gained about $7.9 billion, debit card users—not cash users—bore the largest dollar losses because they shop most frequently alongside premium card users…

The rich getting richer: “Who Ultimately Pays Credit Card Interchange Fees?” from @nber.org.

Pair with Annie Lowrey on another burden– a “time tax”– that falls disportionately on the neediest: “How American Bureaucracy (Literally) Steals Years From Your Life“:

Washington currently estimates that Americans spend 12 billion hours a year filling out government forms, meaning the average person spends six 8-hour workdays filing their taxes, signing up for Medicaid, renewing their driver’s licenses, and applying for government loans. At prevailing wages, this uncompensated labor is worth $430 billion a year. If Washington were to create a Department of Bureaucracy to take on the paperwork it shunts to citizens, the agency would require 5.9 million employees, making it four times the size of the active-duty military. The DOB’s payroll would be larger than that of every other federal department combined.

The nation’s paperwork regime frustrates every resident, and particularly lower-income residents who use more government programs and interact more frequently with public officials. The political scientist Elizabeth Cohen has done seminal work exploring time as a potent, if obscure, form of political currency. “The devaluation of a person or group’s political time is a structural obstacle to equality,” she writes. Yet we can’t measure time and effort as easily as we measure dollars, and we don’t even try. The 12-billion-hour estimate is an undercount, and an egregious one…

* James Baldwin (see also Terry Pratchett’s “Boots theory“)

###

As we second-guess secreted subventions, we might spare a thought for Jean-Baptiste Colbert; he died on this date in 1683. A French statesman who served as First Minister of State under the rule of King Louis XIV from 1661 until his death. His lasting impact on the organization of the country’s politics and markets, known as Colbertism, a form of the mercantilism so popular in the Trump Administration today. Colbert also helped craft the Code Noir, a legal instrument that sanctioned an intentionally brutal system of torture and repression to enforce institutional slavery in the French colonial empire and restrict the enterprise of free Black people.

Though Colbert was more competent and less crony-ish than the crew at “work” in D.C. over the last couple of years, his goal of a healthy economy was frustrated by a King whose spending out-ran (and whose favoritism undermined) Colbert’s efforts. In the longer run, many economists suggest that “Colbertism” has contributed to contributed to a lack of adaptability in French industry and a hostility to technological innovation.

source

“Anyone who has ever struggled with poverty knows how extremely expensive it is to be poor”*…

We’ve become a nation of credit and debit card users. As of this year, Pew reports, 42% of Americans don’t use cash for purchases in a typical week (up from 24% in 2015); another 46% use a mix of cash and plastic; only 12% use mostly (or entirely) cash. The Federal Reserve reports, unsuprisingly, that cash remains the dominant mode for the elderly and the poor; debit cards, for lower-to-middle-income households.

NBER unpacks one little-understood consequence of this shift…

Every time a consumer swipes a credit card, the merchant pays an interchange fee—typically around 1.9 percent of the transaction value—most of which funds the rewards that cardholders receive. Because merchants generally charge the same prices regardless of how customers pay, consumers who use cash or debit cards effectively help finance the rewards enjoyed by credit card users. In Who Pays for Payments? (NBER Working Paper 35067), Mark L. Egan, Gregor Matvos, Amit Seru, Lulu Wang, and Vincent Yao use novel merchant-level data from Fiserv—one of the largest US merchant acquirers—to measure how the payment system redistributes resources.

The primary dataset contains establishment-level payment data from 2006 to 2022, including total payment values, transaction counts, and interchange fees paid for different card types…

… The researchers’ analysis using these datasets suggests that interchange fees transfer approximately $30 billion annually from cash and debit card users to credit card users. Cash users lose about 96 basis points of purchasing power, and regulated debit card users lose roughly 47 basis points, while basic and premium credit card users gain approximately 48 and 59 basis points, respectively. Because credit card use rises with income, the system generates an estimated $9.2 billion annual transfer from households earning less than $150,000 to those earning more.

Two forces moderate this redistribution. First, the tendency for cash, debit, and credit card users to shop at different merchants limits the overlap necessary for cross-subsidization. Second, where overlap does occur, such as at large grocery stores and gas stations, interchange fees tend to be lower due to sector discounts and negotiated rates. Together, these forces reduce the transfer by approximately 25 percent relative to the transfer that would occur with homogeneous consumers and merchants.

The researchers also examine the redistributive consequences of two specific developments in the payment system. The first is the Durbin Amendment, which capped interchange fees on debit cards issued by large banks. The authors show that one perhaps unintended consequence of the amendment was that it primarily benefited credit card users through lower retail prices at the expense of regulated debit card users, who lost approximately $9.6 billion in rewards and free checking benefits. This was a net transfer from middle-income to higher-income households. The second development is the rise of premium credit cards, which grew from 15 percent of credit card volume in 2006 to 60 percent by 2022. This has also been a regressive development. While premium cardholders gained about $7.9 billion, debit card users—not cash users—bore the largest dollar losses because they shop most frequently alongside premium card users…

The rich getting richer: “Who Ultimately Pays Credit Card Interchange Fees?” from @nber.org.

Pair with Annie Lowrey on another burden– a “time tax”– that falls disportionately on the neediest: “How American Bureaucracy (Literally) Steals Years From Your Life“:

Washington currently estimates that Americans spend 12 billion hours a year filling out government forms, meaning the average person spends six 8-hour workdays filing their taxes, signing up for Medicaid, renewing their driver’s licenses, and applying for government loans. At prevailing wages, this uncompensated labor is worth $430 billion a year. If Washington were to create a Department of Bureaucracy to take on the paperwork it shunts to citizens, the agency would require 5.9 million employees, making it four times the size of the active-duty military. The DOB’s payroll would be larger than that of every other federal department combined.

The nation’s paperwork regime frustrates every resident, and particularly lower-income residents who use more government programs and interact more frequently with public officials. The political scientist Elizabeth Cohen has done seminal work exploring time as a potent, if obscure, form of political currency. “The devaluation of a person or group’s political time is a structural obstacle to equality,” she writes. Yet we can’t measure time and effort as easily as we measure dollars, and we don’t even try. The 12-billion-hour estimate is an undercount, and an egregious one…

* James Baldwin (see also Terry Pratchett’s “Boots theory“)

###

As we second-guess secreted subventions, we might spare a thought for Jean-Baptiste Colbert; he died on this date in 1683. A French statesman who served as First Minister of State under the rule of King Louis XIV from 1661 until his death. His lasting impact on the organization of the country’s politics and markets, known as Colbertism, a form of the mercantilism so popular in the Trump Administration today. Colbert also helped craft the Code Noir, a legal instrument that sanctioned an intentionally brutal system of torture and repression to enforce institutional slavery in the French colonial empire and restrict the enterprise of free Black people.

Though Colbert was more competent and less crony-ish than the crew at “work” in D.C. over the last couple of years, his goal of a healthy economy was frustrated by a King whose spending out-ran (and whose favoritism undermined) Colbert’s efforts. In the longer run, many economists suggest that “Colbertism” has contributed to contributed to a lack of adaptability in French industry and a hostility to technological innovation.

source

“Anyone who has ever struggled with poverty knows how extremely expensive it is to be poor”*…

We’ve become a nation of credit and debit card users. As of this year, Pew reports, 42% of Americans don’t use cash for purchases in a typical week (up from 24% in 2015); another 46% use a mix of cash and plastic; only 12% use mostly (or entirely) cash. The Federal Reserve reports, unsuprisingly, that cash remains the dominant mode for the elderly and the poor; debit cards, for lower-to-middle-income households.

NBER unpacks one little-understood consequence of this shift…

Every time a consumer swipes a credit card, the merchant pays an interchange fee—typically around 1.9 percent of the transaction value—most of which funds the rewards that cardholders receive. Because merchants generally charge the same prices regardless of how customers pay, consumers who use cash or debit cards effectively help finance the rewards enjoyed by credit card users. In Who Pays for Payments? (NBER Working Paper 35067), Mark L. Egan, Gregor Matvos, Amit Seru, Lulu Wang, and Vincent Yao use novel merchant-level data from Fiserv—one of the largest US merchant acquirers—to measure how the payment system redistributes resources.

The primary dataset contains establishment-level payment data from 2006 to 2022, including total payment values, transaction counts, and interchange fees paid for different card types…

… The researchers’ analysis using these datasets suggests that interchange fees transfer approximately $30 billion annually from cash and debit card users to credit card users. Cash users lose about 96 basis points of purchasing power, and regulated debit card users lose roughly 47 basis points, while basic and premium credit card users gain approximately 48 and 59 basis points, respectively. Because credit card use rises with income, the system generates an estimated $9.2 billion annual transfer from households earning less than $150,000 to those earning more.

Two forces moderate this redistribution. First, the tendency for cash, debit, and credit card users to shop at different merchants limits the overlap necessary for cross-subsidization. Second, where overlap does occur, such as at large grocery stores and gas stations, interchange fees tend to be lower due to sector discounts and negotiated rates. Together, these forces reduce the transfer by approximately 25 percent relative to the transfer that would occur with homogeneous consumers and merchants.

The researchers also examine the redistributive consequences of two specific developments in the payment system. The first is the Durbin Amendment, which capped interchange fees on debit cards issued by large banks. The authors show that one perhaps unintended consequence of the amendment was that it primarily benefited credit card users through lower retail prices at the expense of regulated debit card users, who lost approximately $9.6 billion in rewards and free checking benefits. This was a net transfer from middle-income to higher-income households. The second development is the rise of premium credit cards, which grew from 15 percent of credit card volume in 2006 to 60 percent by 2022. This has also been a regressive development. While premium cardholders gained about $7.9 billion, debit card users—not cash users—bore the largest dollar losses because they shop most frequently alongside premium card users…

The rich getting richer: “Who Ultimately Pays Credit Card Interchange Fees?” from @nber.org.

Pair with Annie Lowrey on another burden– a “time tax”– that falls disportionately on the neediest: “How American Bureaucracy (Literally) Steals Years From Your Life“:

Washington currently estimates that Americans spend 12 billion hours a year filling out government forms, meaning the average person spends six 8-hour workdays filing their taxes, signing up for Medicaid, renewing their driver’s licenses, and applying for government loans. At prevailing wages, this uncompensated labor is worth $430 billion a year. If Washington were to create a Department of Bureaucracy to take on the paperwork it shunts to citizens, the agency would require 5.9 million employees, making it four times the size of the active-duty military. The DOB’s payroll would be larger than that of every other federal department combined.

The nation’s paperwork regime frustrates every resident, and particularly lower-income residents who use more government programs and interact more frequently with public officials. The political scientist Elizabeth Cohen has done seminal work exploring time as a potent, if obscure, form of political currency. “The devaluation of a person or group’s political time is a structural obstacle to equality,” she writes. Yet we can’t measure time and effort as easily as we measure dollars, and we don’t even try. The 12-billion-hour estimate is an undercount, and an egregious one…

* James Baldwin (see also Terry Pratchett’s “Boots theory“)

###

As we second-guess secreted subventions, we might spare a thought for Jean-Baptiste Colbert; he died on this date in 1683. A French statesman who served as First Minister of State under the rule of King Louis XIV from 1661 until his death. His lasting impact on the organization of the country’s politics and markets, known as Colbertism, a form of the mercantilism so popular in the Trump Administration today. Colbert also helped craft the Code Noir, a legal instrument that sanctioned an intentionally brutal system of torture and repression to enforce institutional slavery in the French colonial empire and restrict the enterprise of free Black people.

Though Colbert was more competent and less crony-ish than the crew at “work” in D.C. over the last couple of years, his goal of a healthy economy was frustrated by a King whose spending out-ran (and whose favoritism undermined) Colbert’s efforts. In the longer run, many economists suggest that “Colbertism” has contributed to contributed to a lack of adaptability in French industry and a hostility to technological innovation.

source

https://www.europesays.com/ie/674139/ What Gen Z can do differently to avoid being over-leveraged and under-insured – Livemint #Business #CreditCards #Éire #EMIs #FinancialPlanning #GenZ #HealthInsurance #IE #Ireland #loans #OverLeveraged #PersonalFinance #PersonalFinance #TermInsurance #UnderInsured

I've just discovered two big payments •into• my credit card account that I don't know anything about. One is around £250 and the other about £90 but aren't round figures.

They are sitting as 'pending' transactions so the CC company won't talk to me about them.

I can only assume they are refunds of some kind but there's no details and it's stressing me out.

#CreditCards #PersonalFinance

I've just discovered two big payments •into• my credit card account that I don't know anything about. One is around £250 and the other about £90 but aren't round figures.

They are sitting as 'pending' transactions so the CC company won't talk to me about them.

I can only assume they are refunds of some kind but there's no details and it's stressing me out.

#CreditCards #PersonalFinance

I've just discovered two big payments •into• my credit card account that I don't know anything about. One is around £250 and the other about £90 but aren't round figures.

They are sitting as 'pending' transactions so the CC company won't talk to me about them.

I can only assume they are refunds of some kind but there's no details and it's stressing me out.

#CreditCards #PersonalFinance

I've just discovered two big payments •into• my credit card account that I don't know anything about. One is around £250 and the other about £90 but aren't round figures.

They are sitting as 'pending' transactions so the CC company won't talk to me about them.

I can only assume they are refunds of some kind but there's no details and it's stressing me out.

#CreditCards #PersonalFinance

What Gen Z can do differently to avoid being over-leveraged and under-insured – Livemint

What Gen Z can do differently to avoid being over-leveraged and under-insured  LivemintYolo meets SIP: How Gen Z is…
#NewsBeep #News #Personalfinance #Business #Creditcards #EMIs #Finance #FinancialPlanning #genz #healthinsurance #loans #Over-leveraged #PersonalFinance #Terminsurance #UK #Under-insured #UnitedKingdom
https://www.newsbeep.com/uk/759434/

What Gen Z can do differently to avoid being over-leveraged and under-insured – Livemint

What Gen Z can do differently to avoid being over-leveraged and under-insured  LivemintYolo meets SIP: How Gen Z is…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Personalfinance #Business #creditcards #EMIs #Financialplanning #genz #healthinsurance #Loans #Over-leveraged #PersonalFinance #Terminsurance #Under-insured
https://www.newsbeep.com/us/835899/

NEWS & OFFERS: Emirates Unveils Game Changing Premium Economy Seat, HSBC-Avios Transfer Bonus & EES Suspensions Ending

Emirates Unveils New Premium Economy Seat With Full-Height Privacy Screen Emirates is improving its Premium Economy experience once…
#EuropeSays #Britain #Europe #EU #HSBC #avios #BritishAirways #Creditcards #ees #Emirates #PremiumEconomy
https://www.europesays.com/britain/116969/

https://www.europesays.com/britain/116969/ NEWS & OFFERS: Emirates Unveils Game Changing Premium Economy Seat, HSBC-Avios Transfer Bonus & EES Suspensions Ending #avios #BritishAirways #CreditCards #ees #Emirates #EU #HSBC #PremiumEconomy

Via #LLRX @psuPete Recommends Weekly highlights on cyber security issues, 8/29/26 #DuckDuckGo Survey Reveals Just How Personal #AI #Conversations Have Become; What Every #SearchEngine Really Knows About You; Inside the Warehouse Where #Amazon Scans and Destroys #Books for AI Training; Expired #creditcards revived by researchers to make unauthorized #payments; and #Microsoft Teams now lets admins block external #bots from meetings.#privacy #cybersecurity https://www.llrx.com/2026/08/pete-recommends-weekly-highlights-on-cyber-security-issues-august-29-2026/

Via #LLRX @psuPete Recommends Weekly highlights on cyber security issues, 8/29/26 #DuckDuckGo Survey Reveals Just How Personal #AI #Conversations Have Become; What Every #SearchEngine Really Knows About You; Inside the Warehouse Where #Amazon Scans and Destroys #Books for AI Training; Expired #creditcards revived by researchers to make unauthorized #payments; and #Microsoft Teams now lets admins block external #bots from meetings.#privacy #cybersecurity https://www.llrx.com/2026/08/pete-recommends-weekly-highlights-on-cyber-security-issues-august-29-2026/

Via #LLRX @psuPete Recommends Weekly highlights on cyber security issues, 8/29/26 #DuckDuckGo Survey Reveals Just How Personal #AI #Conversations Have Become; What Every #SearchEngine Really Knows About You; Inside the Warehouse Where #Amazon Scans and Destroys #Books for AI Training; Expired #creditcards revived by researchers to make unauthorized #payments; and #Microsoft Teams now lets admins block external #bots from meetings.#privacy #cybersecurity https://www.llrx.com/2026/08/pete-recommends-weekly-highlights-on-cyber-security-issues-august-29-2026/

Via #LLRX @psuPete Recommends Weekly highlights on cyber security issues, 8/29/26 #DuckDuckGo Survey Reveals Just How Personal #AI #Conversations Have Become; What Every #SearchEngine Really Knows About You; Inside the Warehouse Where #Amazon Scans and Destroys #Books for AI Training; Expired #creditcards revived by researchers to make unauthorized #payments; and #Microsoft Teams now lets admins block external #bots from meetings.#privacy #cybersecurity https://www.llrx.com/2026/08/pete-recommends-weekly-highlights-on-cyber-security-issues-august-29-2026/

UK bond market turmoil impacts explained as Andy Burnham blames rising debt costs on Conservatives

https://web.brid.gy/r/https://www.mirror.co.uk/money/andy-burnham-bond-market-uk-37620932

UK bond market turmoil impacts explained as Andy Burnham blames rising debt costs on Conservatives

https://fed.brid.gy/r/https://www.mirror.co.uk/money/andy-burnham-bond-market-uk-37620932

UK bond market turmoil impacts explained as Andy Burnham blames rising debt costs on Conservatives

https://web.brid.gy/r/https://www.mirror.co.uk/money/andy-burnham-bond-market-uk-37620932