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2003:

News Library - 2003

The Machine June, 6, 2003

Thirty years ago Americans were very wary of a new-fangled gizmo that replaced the bank teller. Today, the ATM has become an integral part of everyday life, as users line-up to use "the machine." more

Bankruptcy Boomerang June, 5, 2003

Over the past seven years, approximately 9.5 million Americans have filed for personal bankruptcy, and next year about one million of these consumers will be eligible to file again. Under the current bankruptcy code, consumers can file a Chapter 7 bankruptcy ... more

Card Mail June, 4, 2003

Americans are getting burned out on credit card solicitations as only one out of 200 pieces of card mail produces a credit card application. Meanwhile, the total number of credit card mailers sent out last year declined after many issuers abandoned the ... more

Do-Not-Call June, 3, 2003

The Federal Trade Commission announced that telephone registration for the National "Do Not Call" Registry will be accelerated, and will be available to consumers coast-to-coast during July. Online registration will be available nationwide on or around July ... more

Exchange Fees June, 2, 2003

Nearly 45% of consumers believe that credit cards offer the best exchange rate when making purchases in another country. Three out of ten consumers disagree, and one fourth of consumers simply don't know. more

Bluefish MasterCard May, 30, 2003

A true insider's credit card is being launched for consumers who want everything from an African safari to space flight in the first civilian space shuttle. The new "Bluefish Concierge MasterCard" is targeted at corporate executives, celebrities, professional ... more

Magazine Cards May, 29, 2003

Cooks, gardeners, and fixer-uppers now have a credit card they can call their own. "Taste of Home," a cooking magazine, "Birds & Blooms," a gardening publication, and "The Family Handyman," a home improvement magazine, have inked a deal to offer their ... more

Defined Cards May, 27, 2003

American Express has launched a suite of "Defined Expense Cards" for larger corporate clients. The new cards can be set-up to expire after a company-determined period of two to 24 months, and carry a maximum spending limit, as well as monthly or ... more

Summer Promos May, 23, 2003

As summer 2003 kicks off this holiday weekend, all the major credit card brands in the USA have created special deals for fun in the sun. Most of the incentives offered this year are targeted at boosting the travel industry which has been hit by a weak ... more

Aussie Market May, 22, 2003

Things are not so quiet "down under" as the Australian credit card market is rattled by a new credit card and embattled over merchant fees. Last week, the flamboyant chief executive of Virgin, Richard Branson, announced the launch of a new MasterCard that he ... more

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