All posts by Bill Hardekopf

Bill Hardekopf is the CEO of and covers the credit card industry from all perspectives. Bill has been involved with personal finance for over 15 years. He is a frequent contributor to Forbes, The Street and The Christian Science Monitor.
Close-up of payment machine while human hand keeping plastic car

Worldwide Card Payments Overtake Cash Transactions for First Time

September 29, 2016

For the first time ever, global consumer card payments have surpassed cash payments. According to new research from Euromonitor International, card t..

California Levies Year-Long Sanctions on Wells Fargo

September 28, 2016

The California State Treasurer today took strong actions against Wells Fargo for the bank allegedly opening millions of accounts without customersR..
Technology Security Fingerprint Password Concept

PayPal Partners to Bring Fingerprint Payment Authentication to Computers

PayPal is partnering with Lenovo, Intel and Synaptics to bring fingerprint payment authentication to computers. By combining different forms of techno..

Only 10% of Americans Are Saving Enough to Retire

September 21, 2016

Nearly half of Americans are not saving for retirement, and those who are putting money aside are not saving enough, according to a recent study from ..

Students Give Themselves a C in Money Management

September 19, 2016

High school and college students feel confident they understand the financial basics, but they give themselves a C in money management, according to U..
Financial literacy road sign

Parents Need to Educate Children on Financial Literacy

September 15, 2016

Kids have now returned to school, and according to a recent study by Lincoln Financial Advisors, parents should supplement this education with financi..

Unbanked Households on the Decline

September 14, 2016

According to a biennial survey from the Federal Deposit Insurance Corp., the number of unbanked households in America declined to 7% in 2015. That is ..

A Third of All Americans Hacked in the Past Year

September 13, 2016

More than one-third of Americans (37%) experienced a computer virus, hack or other cyber attack in the past 12 months, according to a recent study. T..
Credit Cards Stack

Chip Cards are Helping to Reduce Fraud

September 12, 2016

Chip cards are gaining in popularity and have reduced fraud since they entered the market last year, according to recent research conducted by Master..
VALENCIA CA/USA - AUGUST 17 2014. Wells Fargo bank exterior. Wells Fargo & Company is an American multinational banking and financial services holding company headquartered in San Francisco California.

Wells Fargo Fined $185 Million for Opening Millions of Fake Accounts

September 9, 2016

Yesterday, federal regulators fined Wells Fargo $185 million after investigations revealed that employees had opened millions of fake accounts under c..