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1997:

News Library - 1997

Southwest Airlines - VISA Sweepstakes September, 5, 1997

First USA has settled a class action lawsuit over its practice of prematurely terminating promtional interest rates on open accounts in good standing . FULL STORY: Southwest Airlines (NYSE: LUV) and Visa U.S.A. today announced they are giving one lucky ... more

Students Get Top Card Use Grades September, 4, 1997

VISA released a study yesterday showing 90% of college students consider themselves good money managers. The 'VISA Scholars & Cents' survey of 251 students also showed that 56% of students pay credit card balances in full each month and most reserve credit ... more

Pizza Without Real Dough September, 3, 1997

Pizza Hut, Inc. announced Wednesday it will accept bank credit cards at all 4,200 company-owned Pizza Huts in the U.S., beginning Sept. 14. The Dallas-based company has been accepting credit cards at selected locations for the past 12 months, and to date, ... more

VISA's NFL Kickoff September, 2, 1997

VISA kicked-off its third NFL partnership year last night with a new national TV spot featuring ‘Superbowl Bowl Champs’, the Green Bay Packers, a ‘$1 Million Mall Promotion’, the ‘VISA NFL Ultimate Week of Football Sweepstakes’ and a $25,000 donation to each ... more

Japan's ATM War September, 1, 1997

Competition is heating up in Japan between the Posts Ministry and private sector banks over ATM service hours and fees. Japan’s Ministry of Posts and Telecommunications requested a 6 billion yen appropriation this morning to expand ATM service to weekends and ... more

MBNA Expands MLB Endorsement August, 29, 1997

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 August, 28, 1997

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 August, 26, 1997

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 August, 26, 1997

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 August, 26, 1997

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

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