News Library - 2008
Big Trouble July, 25, 2008
The nation's top three general purpose credit card issuers, who collectively control nearly 60% of the U.S. card market based on card loans, posted a 3.4% gain in outstandings and a 2.4% gain in volume for the second quarter, compared to the year ago period. ...
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Olympic Visa July, 23, 2008
As the U.S. Olympic team heads for Beijing this month, not a single athlete or staff member will be without a Visa-branded prepaid card in his or her wallet. Bank of America and Visa have resurrected the Visa prepaid card for the U.S Olympic and Paralympic ...
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Back-to-Basics July, 22, 2008
A new survey indicates this will not be a banner year for back-to-school shopping. Nearly two-thirds of parents surveyed reported that current economic conditions like rising gas and food prices and talk of a recession will impact how much they spend on ...
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Credit Quest July, 21, 2008
The number of consumers with low scores searching for "credit cards" is way up this year and the number of consumers searching for "cash advances" has soared. A new survey shows that the number of online credit card applications submitted by "subprime" (FICO ...
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Pancreatic Cancer Visa July, 18, 2008
The Pancreatic Cancer Action Network has launched a "Platinum Visa" credit card. The organization hopes to raise awareness of pancreatic cancer by donating $50 for every card activated, plus a percentage of every dollar charged to each card.
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Gold Reward July, 17, 2008
American Express and Starwood Hotels announced they will provide a $75 food and beverage credit whenever "AmEx Gold Card" members book a stay of two or more consecutive nights at over 500 properties around the world across four Starwood brands. Other "AmEx ...
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Contactless Confusion July, 16, 2008
A new study has found that the new "wave-and-pay" options at checkout terminals is not yet the smart card killer solution that industry leaders had expected. Consumers are largely in the dark when it comes to understanding and embracing the new contactless ...
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ID Theft Risks July, 14, 2008
Young consumers are seriously at risk for identity theft. A new survey shows there are nine million identity theft victims annually, one third of whom are between 18 and 29 years old.
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Credit Fog July, 11, 2008
An annual poll has found that consumers indicated credit scores would rise if one paid off a large credit card balance -- up from 62% in 2005 to 67% in 2008 -- and would fall if one made a monthly credit card payment more than 30 days late -- up from 71% to ...
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