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News Library - 2005

Yellowstone VISA June, 14, 2005

The Yellowstone Park Foundation has put some more steam into its credit cards. Supporters of Yellowstone can now choose from three different VISA credit cards or a VISA debit card. more

Q1 Bankruptcy June, 13, 2005

During the first three months of this year, there were 401,149 consumer and business bankruptcy filings, which was down slightly from 1Q/04's 407,572 filings. The decline does not reflect the radical upswing in bankruptcies filed in March and April. more

Debit Cards June, 10, 2005

There are now more than 234 million debit cards in use in the USA, generating more than $60 billion of sales each month. During the first three months of this year, VISA and MasterCard produced U.S. gross dollar volume on signature debit cards of $186.9 ... more

Blue ExpressPay June, 9, 2005

The American Express "Blue" card is getting energized with a new feature that enables cardholders to simply hold their card a special reader at the checkout to make purchases, with no signature required. The new "ExpressPay" option consists of a secure ... more

Odd AmEx June, 8, 2005

American Express has launched a promotion to offer advance purchase tickets of Broadway's upcoming "The Odd Couple" to AmEx cardholders via its new AmEx/Yahoo Broadway Web site. Performances will start October 4th at the Brooks Atkinson Theatre. more

April Debt June, 7, 2005

Revolving consumer credit slipped a bit in April, dropping a tad below $796 billion. Americans shaved off $500 million in revolving credit during April compared to $2.6 billion one-year ago. more

Sheetz blink June, 3, 2005

Holy Sheetz Batman! You can now buy stuff in a convenience store in a blink instead of in a jiffy. Pennsylvania-based Sheetz has become the first retailer to launch a cobranded contactless credit card and to accept the three major "tap'n go" payment systems. more

Discover China June, 2, 2005

While Discover credit cards are generally not accepted outside the USA, a new deal will soon enable cardholders to make purchases and get ATM cash in China. As part of the deal, cardholders of China UnionPay will eventually be able to use their cards in the ... more

UAL Platinum Class June, 1, 2005

While United Airlines' jet fleet is dwindling, its card fleet is expanding. The new "United Mileage Plus Platinum Class Signature VISA," which carries a $140 annual fee, offers all cardholders, regardless of their United status, the ability to earn unlimited ... more

April Bankruptcy May, 31, 2005

Americans filed a record number of bankruptcy petitions in April as the clock began to tick on new laws to take effect on October 17th. More than 170,000 filings were made during April, compared to 145,543 for April 2004. more