BofA aims new credit card at illegal immigrants: report
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Bank of America Corp. has begun offering credit cards to customers without Social Security numbers, typically illegal immigrants, the Wall Street Journal reported on Tuesday.
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Federal prosecutors launched a broad legal assault on two of Chinatown's most prominent organized crime groups Friday, aiming to disrupt a new wave of mobsters who thrive in a global economy by smuggling immigrants and counterfeit goods around the world.
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City officials approved a plan Monday to offer illegal immigrants identification cards that would let them open bank accounts and use other services that may be unavailable without driver's licenses or state-issued IDs.
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Spain, the main gateway for illegal immigrants into the European Union, is proposing an amnesty for illicit workers at a time when other European capitals are calling for a crackdown to stem the flood.
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By MARK NICOL  CREDIT-CARD giant Visa last night pledged to investigate its commercial links to a vile internet site watched by a sex attacker before he stabbed his teenage victim.
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Costs tied to the country's controversial biometric ID card plan will cause the price of new passports to soar.
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MIDVALE, Utah - Talk about upsizing. Travis Dominguez, 20, has been accused of double-swiping the credit cards of what he considered to be irritating customers at a Taco Bell drive-through.
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Illegal immigrants who are victims of violent crimes in the US can now apply for special visas, seven years after Congress offered protection against deportation to those who cooperate with law enforcement agencies
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Now the credit-card companies are trying to tack on billions in charges to each other. American Express Co. wants rivals Visa USA Inc.
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Credit card issuer warns of weak spending and increasing delinquencies.
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HAMILTON, Ohio  - Miguel Garcia owns a Mexican grocery and would like to open a bakery too, but the illegal immigrant is waiting to see if the U.S. Congress will pass immigration reform before he invests in a new business.
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Until now, it was harder to get a Blockbuster card than to get into the U.S. from Canada. An explainer on the new border identification requirements
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Proposed new U.S. fee increases would make it a lot more expensive for immigrants to become citizens, a report said.  Among its proposals is one to raise the application fee for U.S.
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Steve Case's investment company, Revolution LLC, has launched a new subsidiary called Revolution Money, an Internet-based payment company with a credit card that offers U.S. consumers added security while charging merchants lower fees.
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Credit-card payments giant Visa is hoping to shed new light on problems like consumer data theft and identity fraud through a conference that will bring together leaders from the business, government, and technology communities to discuss security for the electronic payments industry.
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Six men of Middle Eastern descent were charged with helping illegal immigrants obtain fraudulent identification cards, prosecutors said.
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(InfoWorld) - Citibank Singapore is offering a new way for credit-card holders to make payments -- using their fingerprints instead of credit cards. Citibank this month began rolling out biometric payment systems in Singapore that allow Citibank Clear Platinum credit card holders to pay using their fingerprints. "It's an investment for our future," said Anand Cavale, vice president and business director of credit payment products at Citibank Singapore, noting this is the first time the bank has used a biometric payment system anywhere in the world. Before putting the biometric system into operation, Citibank officials took a long hard look at whether the system was secure -- and came away satisfied that it was, Cavale said. "We see this as the next step, which will enhance our already good fraud prevention systems," he said. With an affluent, tech-savvy population of 4.5 million, Singapore is among the most competitive for credit-card issuers, with many Singaporeans carrying three or four cards in their wallets. To encourage card holders to spend, banks regularly team up with partners to offer special discounts -- say, 10 percent off dinner at a trendy restaurant -- if customers use a certain credit card. So much competition leaves banks looking for any edge they can find. For its part, Citibank hopes the biometric technology makes payment more convenient for its card holders, eliminating the need for them to always carry credit cards while still allowing them to buy things. But don't expect to see biometrics replace Citibank cards any time soon. "The technology will be used in conjunction with a credit card," Cavale said. Cavale believes biometric payments systems will shine in applications where a quick payment method is needed. "If you're running to catch a train, and buying a cup of coffee and a newspaper, your time has more value," he said. So far, Citibank's biometric payment systems are only in place at a handful of outlets in Singapore, including local coffee shops and the popular Zouk night club. But the bank has plans to quickly expand the number of such systems and the number of Citibank card holders able to use them. "Our intention is to roll it out very quickly to other cards," Cavale said. Citibank chose to start the rollout of the biometric payment system with the Clear Platinum card because it is targeted at younger Singaporeans, ranging in age from 25 to 34. "We launched with this segment because the uptake is going to be very strong," he said. Getting signed up to use the biometric payment system, provided by Pay By Touch, of San Francisco, is relatively easy. Citibank has installed kiosks at several Singapore branches where card holders can register their fingerprints. To sign up, Citibank customers need to provide valid photo identification and a seven-digit numeric passcode used with the fingerprint to authenticate payment. This is the first time that Citibank has tested a biometric payment system, and the bank's operations in other countries, especially in Asia, are watching what happens in Singapore with interest, Cavale said. "Our plans include taking this technology around the region," he said.