Defaults on U.S. credit card loans have reached their highest level since the aftermath of the 2008 financial crisis, and as payment fraud increases, banks and technology companies are at odds over who should cover consumers’ losses. Syria’s interim government has said it could take up to four years before elections are held in the country. And how Hitachi’s plan to monetize industrial data has revived its fortunes.
Mentioned in this podcast:
Credit card defaults in the US have risen to their highest level since 2010
Who should foot the bill for cyber scams?
Syrian elections should not be held for the next four years, says de facto leader
‘Monetizing Data’: How Hitachi Soared on Bets on the Future of AI
The FT News Briefing is produced by Niamh Rowe, Persis Love, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
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