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News Library - March, 1997

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RCA MasterCard March, 27, 1997

Thomson Consumer Electronics and MBNA joined together yesterday to issue the 'RCA MasterCard', which could become the largest cobranded program to be launched this year. Thomson, owner of the 'RCA' brand, has created a 'Rewards Program' that offers ... more

Credit Lyonnais AmEx Corp Card March, 27, 1997

American Express signed up another banking partner yesterday with the announcement of the 'Credit Lyonnais American Express Corporate Card'. Credit Lyonnais will offer the card to French corporations. more

Fed Postal Card March, 27, 1997

NationsBank and the U.S. Postal Service kicked off a national pilot yesterday of the 'Federal Postage Payment Card'. The card, to be used exclusively by federal agencies, offers a pre-assigned credit limit and is restricted to postal purchases. more

New Baseball Cards March, 26, 1997

First USA announced Tuesday it signed agreements with four Major League Baseball teams to issue and market their affinity cards beginning April 1. The Oakland Athletics, Seattle Mariners, Florida Marlins and the Philadelphia Phillies will all offer First USA ... more

AT&T Fraud Tips March, 26, 1997

On April Fool's Day, "F" almost always stands for "Fun," as people devise pranks - from the simple to the exotic - to amuse their friends. But for some unscrupulous con artists, "F" stands for "Fraud" on April 1st and every other day of the year. more

Internet Privacy an Oxymoron?? March, 26, 1997

Cookies and milk ain't what they used to be. "Magic Cookies," according to John Eckhouse, Senior Editor/Online HomePC, are "little crumbs of information that a Web site downloads to your computer's hard drive -- usually without your knowledge -- when you ... more

Advanta Alive & Kickin March, 25, 1997

Despite the pounding Advanta took on Wall Street last week in the wake of a projected first quarter loss, the card issuer has not closed the door for new accounts. Yesterday the card specialist announced it is expanding its 'Comcast Rewards VISA Card' to ... more

Low-Income Debt March, 25, 1997

An economist with DRI/McGraw-Hill said yesterday there is a disproportionate acceleration of credit card debt among lower-income Americans. Dr. David Wyss says a full 27% of families with household income below $10,000 now have credit card obligations that ... more

Fed Rate Hike March, 24, 1997

There is a major consensus this morning the Federal Reserve will hike interest rates Tuesday with a projected 25 basis points increase. While the effects of the rate increase were discounted in the stock market last week the effect on consumer loan rates will ... more

Digital Newstand March, 23, 1997

CardWeb, Inc.'s 'CardFlash' and 'CardTrak' will be available beginning this week via CyberCash's new 'Digital Newstand'. Daily access to 'CardFlash Online', the card industry's only online news service, will be available for $2.95 per day with payment handled ... more
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