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News Library - September, 2002

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Delinquency Tumbles

Credit card delinquencies continue to decline this year. Second quarter credit card delinquencies based on total dollars outstanding fell to 4.08% from the previous quarter's 4.50% level but below the 4.13% level reported one year ago. more

Visa Gift Cards

Just ahead of the holiday season, VISA U.S.A. announced this week it has expanded its suite of prepaid products to include the "VISA Gift" card. The new card includes four primary product applications targeting consumers, employers, and corporate clients. more

Wrist Payments

Why carry a card when you can buy stuff with the flick of the wrist. Two theme parks in Atlanta have begun using wireless wristbands to enable visitors to pay for merchandise and refreshments, as well as to gain access to parks, individual rides, and lockers. more

GameCreds VISA

CNET's GameSpot unit is set to launch the first prepaid debit-card based rewards and rebates program for gamers. "GameCreds VISA" members simply enter their codes at the GameCreds Web site and rewards are instantly deposited into their account for immediate ... more

Vette Votes

As the Corvette celebrates its 50th anniversary next year, MasterCard is launching a "Vote For Your Vette" promotion. Corvette MasterCard users and online visitors will have a chance to win a 2003 "50th Anniversary Corvette" and a trip to the "Corvette 50th ... more

Amazon Platinum

If you plan to hit Amazon.com for holiday shopping you might want to consider applying for their new "Platinum VISA." As part of an introductory offer, individuals who apply for the new Amazon.com card and use it at Amazon.com before November 15th, will earn ... more

Credit Protection

Programs that offer to cancel your credit card debt if you die, or make your monthly payments when you are disabled or unemployed, have always been exorbitantly expensive for consumers. Finally, government regulators are stepping in and clamping down on such ... more

Xmas Outlook

Despite the funky economy, this Christmas holiday shopping season might turn out okay. Holiday retail store sales are projected to increase 4% this year, a modest, but solid gain, compared to last year's 5.6% increase. more

Careless Students

A new survey suggests that a good portion of college students do not properly dispose of direct mail credit card offers, reconcile their credit card and/or checking account balances, or change their passwords/PINs. Nearly 30% of students rarely, if ever, ... more

Debit Fight

The six-year old fight between retailers and VISA/MasterCard over debit cards will finally be coming to a head next year as it heads into the courtroom. The lead counsel of the plaintiffs in the "Wal-Mart Debit Card Lawsuit" announced last week they are ... more
Showing entries 1 - 10 of 17 Previous [ 1 2 ] Next