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News Library - August, 1997

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MBNA Expands MLB Endorsement

MBNA received endorsements from the Cincinnati Reds and St. Louis Cardinals for MBNA’s ‘Official MLB Card’ program yesterday bringing MBNA’s total MLB endorsements to 16 teams. FULL STORY: MBNA America Bank, N.A., announced today that it has received the ... more

Card Hacker Pleads Guilty

The San Francisco man who attempted to sell more than 100,000 credit card numbers for $260,000 at San Francisco International Airport’s smoking room in May, pleaded guilty yesterday in federal court. The 37 year old man will be sentenced Nov. 25 and faces 30 ... more

Online Card Scams

The Federal Trade Commission and other federal authorities are now aggressively investigating Internet credit card fraud scams following a brazen attempt by cyberthiefs to extract personal card data from America Online’s 8.5 million subscribers. Earlier this ... more

Federated Settles Bankruptcy Suit

A Federal Judge in Boston has given preliminary approval to a settlement of a nationwide class action lawsuit brought on behalf of bankruptcy debtors who reaffirmed credit card debts allegedly owed to subsidiaries, affiliates and operating divisions of ... more

Discover Card to Promote Classical Music

Deutsche Grammophon (DG), the world's oldest continuously running record label, Borders Books, Music & Cafe and Discover(R) Card have joined together to create the "100 Reasons You Should Be Listening To Classical Music" campaign which kicks off in early ... more

Customer Service Fee

Secured and sub-prime card issuer First Premier Bank of Sioux Falls, SD has begun charging its cardholders a $1.00 monthly fee for unlimited access to its VRU for personal account information. First Premier formerly participated in the PinPoint service and ... more

Chase Buys Bell Atlantic VISA

A new Bell Atlantic credit card will be issued next year as a result of the agreement announced Thursday between Bell Atlantic and Chase Manhattan Bank. The announcement follows last week’s merger between Bell Atlantic and NYNEX. more

People's TJX VISA New Promotion

People's Bank kicked-off a back-to-school promotion for its 'TJX' VISA card yesterday. Each time consumers use the TJX VISA Card at off-price retailers, T.J. Maxx or Marshalls, they will receive a reward equal to five percent of their purchases. more

Kmart Card Online

Beneficial's private label Kmart credit card is now accepting applications online with same-session credit decision. FULL STORY: Kmart Corporation (NYSE: KM) today announced that customers may now apply for the Kmart Credit Card on-line through its Internet ... more

PO Promotes FirstClass PhoneCard to Students

With nearly 30 million high school and college students returning to school this fall, many parents are now feeling the effect of last-minute shopping, spending and a host of other exhausting details associated with getting their children back into the ... more
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