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News Library - 2004 CardTrak.com News Feed

Showing entries 101 - 110 of 210 Previous [ 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 ] Next

MGM Mirage VISA

Casinos are dealing more cards these days, especially credit cards. MGM MIRAGE plans to deal out its new VISA card next month, joining the recently launched "Trump Rewards VISA" and the "Caesars Entertainment MasterCard" launched late last year. more

DNC Anniversary

Since its launch one year ago the "National Do Not Call Registry" has registered about 62 million phone numbers in the USA. The FTC said last week that since October 2003, consumers submitted 428,764 complaints. more

Bankruptcy Factor

While personal bankruptcies are running about 3% lower than last year, there is still a significant impact on the card industry. In March, bankruptcies topped 150,000, a factor noted in MBNA's charge-off figures for May. MBNA reported last week that its ... more

Late Payers

Based on total dollars past-due, credit card delinquency declined in the first three months of this year, compared to the level set in the previous quarter, but remains above last year's ratio and well above historical figures. The decline is significant due ... more

May Phishing

Phishers are still reeling in suckers using spoofed e-mails and fraudulent Web sites as bait, but they appear to running out of line. The number of phishing attacks on the financial services sector leveled off in May. However, phishers are getting more ... more

Rate Changes

Most cardholders across America will see higher credit card interest rates within the next several weeks thanks to today's Federal Reserve action which will likely boost the prime rate to 4.25%. Four of the nation's top ten issuers use the last business day ... more

New Environment

Tomorrow will mark a turning point in credit card pricing if the Feds decide to bump up short-term interest rates by 25 bps (0.25%) or 50 bps (0.50%). It is likely there will be two rate increases before the fall election followed by three or four monthly ... more

Rate Hikes

If the Feds raise short-term interest rates by 25 basis points this week and continue with subsequent hikes, then credit cards interest rates are likely to rise 19 basis points within two months, and perhaps increase by 96 basis points within nine months, ... more

Diners Club Plus

Diners Club, which is in the process of migrating to the MasterCard network in the USA by year's end, is adding a line of credit to its personal card programs. As an incentive, the new "Club Plus Account" will award two bonus points for every $1 transferred ... more

MC & Wal-Mart

MasterCard and Wal-Mart have hammered out a new agreement, enabling Wal-Mart customers to resume using MasterCard signature debit cards at all store locations, effective immediately. In December, Wal-Mart announced it would end acceptance of MasterCard ... more
Showing entries 101 - 110 of 210 Previous [ 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 ] Next