Interest rates unchanged at 3.5%, says report Reserve Bank of Australia

The Reserve Bank of Australia has announced that it is leaving interest rates unchanged at 3.5%.

In a statement Governor Glenn Stevens said that growth in the global economy had softened, following a more promising start to the year.

American Express does not participate in the Google Wallet

American Express has not formally agreed to participate in Google Wallet, which is why it was surprised yesterday when Google said it, along with Visa, Discover and MasterCard, were now forms of payment in Google’s mobile payments application.

Credit card for college-bound students choices variants

Along with shopping for a mini fridge and extra-long twin sheets for your college-bound kid, have you stopped to think about what type of plastic to send along with your child for emergency expenses?

Groupon plans the credit card processing service

Groupon plans to dive into the small-business credit card processing business with a mobile reader similar to those from Square and PayPal, according to news reports. Bloomberg's Douglas MacMillan reports that a company known for producing credit card readers for Apple's iPhone and iPod touch has been testing Groupon's prototype device at independent retailers in the San Francisco Bay Area.

People are keeping debt levels down, number of consumer bankruptcy filings plunged by 14 percent.

Tighter credit in years past means fewer need debts discharged today

The tightening of consumer credit during the economic downturn may be paying off now, as the number of consumer bankruptcy filings plunged by 14 percent during the first half of the year, continuing the steep decline that began last year.