In an article titled "Credit Card Issuers Raising Rates Ahead of New Law", Nancy Trejos writes for the Washington Post about how some US credit card issuers are raising fees and interest rates ahead of the date when new rules take effect early next year - "much to the irritation of Congress and consumer advocates."

Mobile payments provider Bling Nation has announced receiving $8 million in Series A funding with $6.3 million coming from lead investor Lightspeed Venture Partners. The remaining $1.7 million was raised primarily from Meck, Ltd., which invested an initial $5.3 million in Bling Nation, and CampVentures. READ MORE »

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