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News Library - 2007

QUIDS October, 5, 2007

A foreign exchange specialist and a team of scientists have developed a new currency for use in space. "Quasi Universal Intergalactic Denomination" or "QUID" is the first currency of its kind in the universe and its first use will be aboard the Virgin ... more

Life Takes Invitational October, 4, 2007

The winners have been picked in an amateur film making contest in which teams were asked to create short films that interpret VISA’s "Life Takes" advertising platform -- and to concept, shoot and edit the films in just 48 hours. The "48 Hour Film Project" is ... more

AmEx Gift Card October, 4, 2007

American Express announced the latest addition to its line of themed gift cards. The new "American Express Especially for Thank You Gift Card" is available in various denominations from $25 to $100. more

Delinquency Aug October, 3, 2007

Delinquencies for managed credit card outstandings headed north in August after falling for three consecutive months. Despite the recent credit meltdown, credit card delinquency has remained steady this year but will likely rise through the fourth quarter as ... more

Card Regs October, 3, 2007

A new study, sponsored by the American Bankers Association, and featuring economists Jonathan Orszag and Susan Manning concludes that placing further legislative restrictions on credit card interest rates and fees is likely to harm the vast majority of ... more

Gold Card Destinations October, 2, 2007

American Express launched a new collection of travel benefits for its "Gold" and "Rewards Plus Gold Cards." The new "Gold Card Destinations" enables cardholders to enhance their vacation experiences with special amenities valued at $100 to $150 or more on ... more

Opt Outs October, 2, 2007

The Comptroller of the Currency said that consumers should be given the opportunity to "opt out" of certain credit card rate increases and be given the alternative of paying off the card balance at the old rate. In a speech to the Financial Services ... more

Expedia Card September, 28, 2007

Citi and Expedia.com expanded their partnership with the launch of the new "Citi PremierPass/Expedia.com Card." The launch comes nearly a year after Citi and Expedia began their relationship with the introduction of "ThankYou Rewards Network on Expedia," ... more

Shell MasterCard September, 28, 2007

Shell Oil Products plans to launch a new credit card incentive and marketing campaign October 1st. The main attractions offered to consumers by this promotion are year-round rebates for Shell gasoline and additional rebates on purchases everywhere else. more

Easy Savings September, 27, 2007

MasterCard has launched a new savings program for "MasterCard BusinessCard" credit and signature debit cardholders. The new "Easy Savings" program offers automatic savings on goods and services from airline, hotel, restaurant, travel and other business ... more