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News Library - August, 2008

Fee Impact August, 28, 2008

A new report has discovered only 16% of consumers believe retail merchants would lower prices if payment card fees were reduced. About 22% of Americans feel there would be some small changes. more

Student Behaviors August, 27, 2008

A new study has found that 31% of students do not worry about debt and that 23% choose to ignore overdraft penalties and the prospect of months or years of paying off a debt incurred for a "moment of fun." The poll also found that 25% of college students ... more

Pin Payments August, 26, 2008

A cool new way to pay has been introduced to thousands of media and delegates attending this week's Democratic National Convention in Denver. Selected recipients receive a commemorative pin that also is a contactless payment device. more

QuickBooks Online August, 25, 2008

Intuit has integrated its Web-based small business accounting software with both the iPhone and BlackBerry. Among the features of "QuickBooks Online": checking current bank and credit card balances; tracking accounting; finding vendor and customer contact ... more

Quicken Beam August, 22, 2008

Financial software provider Intuit has released "Quicken Beam" to give consumers free instant access to their bank balances and activity. Quicken Beam will help consumers spend within their means and avoid overdrawing their accounts. more

Card Offers August, 21, 2008

Credit card solicitations fell nearly 8% from the first quarter to the second quarter of this year. The mail volume for the second quarter is about 17% off the third quarter of 2007 high of more than two billion pieces. more

Wood Cards August, 20, 2008

Eco-friendly Democrats will be receiving biodegradable key cards in Denver hotels during its National Convention next week. Colorado-based Sustainable Cards has teamed with CPI Card Group to deploy 70,000 of their wooden, biodegradable key cards in Denver ... more

Gap Protection August, 19, 2008

Discover has launched an optional supplemental loss-of-income program for its cardholders. The new "Discover Income Gap Protection" program offers either single or joint coverage for a monthly cost of $19.75 or $34.75, respectively. more

Global Rewards August, 18, 2008

Foreign exchange specialist Travelex has unveiled the "Global Rewards Card" for its repeat customers. Customers who exchange currency pre-trip at Travelex will be given a free {Global Rewards Card" which entitles them to a discount at their destination. more

Phelps Power August, 15, 2008

Visa has issued a special edition commercial commemorating Olympic U.S. superstar Michael Phelps and his historic gold medals achievement. The new TV spot, entitled "Congratulations Phelps" is the latest installment of the Visa "Go World" campaign. more