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News Library - September, 2000

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E-Sign in E-ffect

Beginning October 1st it is very important to read before you click because that is when the new E-Sign law goes into effect in the USA. Under the Electronic Signatures in Global and National Commerce Act, digital contracts that consumers agree to online will ... more

Voice Cards

Forget about PINs, fingerprints and iris scans, there may be a better way to authenticate yourself in the near future. This new payment solution verifies and authenticates customers over the Internet or cell phone by their voice using advanced biometrics ... more

Store Card Makeover

While Kmart dumps its credit card for a co-branded MasterCard, JCPenney has decided to beef up its retail credit card. JCPenney and GE Card Services unleashed a major direct mail campaign this week for the newly overhauled JCPenney card. more

Kmart MasterCard

Kmart has switched the "Blue Light" on for a new MasterCard. Capital One and Kmart are hitting the mailboxes across the country with a new co-branded bank credit card. The new Kmart MasterCard combines the store card benefits with MasterCard's global ... more

Chase Gift Card

Big banks are finally getting into prepaid gift cards. Chase Manhattan launched the Chase MasterCard Gift Card this week. This is one of the first reloadable pre-paid cards offered by a major credit card issuer. more

VISA Buxx III

The new VISA teen card has picked up another player. Ohio-based National City Corporation became the third issuer to offer the new VISA Buxx card. Two weeks ago Bank of America became the second issuer to offer the new prepaid VISA card for teenagers. more

Anita Future

Citibank has unleashed a comic strip to help college students understand credit card matters. "The Adventures of Anita Future and Les Foresight" is now available via email from Citibank. more

VOI Winner

"Racing With the Dolphins" by Sun-ik Kim from Korea was named as the Grand Prizewinner of the VISA Olympics of the Imagination youth art competition. The program attracted 400,000 entries from a total of 23 countries. more

First VISA Smart Cards

This week marked the beginning of the migration from magnetic stripe bank credit cards to smart chip bank credit cards in the USA. VISA raised the curtain on the smart VISA card and now has a product to take on the one-year old American Express Blue Card. more

Second VISA Buxx

The new prepaid VISA card for teenagers picked up a second issuer this week. Bank of America is releasing its version of VISA Buxx. The BofA VISA Buxx Card also features gift certificates redeemable at specified merchants who have joined the program. more
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