CardTrak.com - News Archive

Zong+ October, 30, 2009

Move over Boku and PayPal, Zong just added more zing to its mobile payment service. The new "Zong+" service links up to any type of payment card (V/MC/AX/DS) through a one-time entry process. more

Rate Jacking October, 29, 2009

A new study concludes major credit cards fall far short of the new rules and have been jacking-up rates before the new rules take full effect. The Pew study finds that all of the credit cards offered online by the top bank card issuers continue to include ... more

Recycled Truly October, 28, 2009

A major book store is implementing a gift card program that is both recycled and recyclable. Half Price Books will collect the used cards, send them back to Earthworks where they will be ground and re-processed into sheets, and then shipped back to ABnote ... more

Crackdown October, 27, 2009

Forget the "Expedited Credit CARD Act," Senate Banking Committee Chairman Chris Dodd wants it NOW. The lawmaker, or whip cracker, introduced a bill to immediately freeze credit card interest rates on existing balances. more

#1 Holiday Gift October, 26, 2009

While some call it a thoughtless gift, gift cards are becoming more popular than ever. This year, for the first time ever, gift cards outranked clothes and toys as the hottest holiday gift. more

Three Dirty Words October, 23, 2009

Ask any big banker how they perceive the "CARD Act," the "FAIR Act" and the "CFPA" and they will likely utter an expletive. Don't even mention the "Expedited CARD Act" as it could get physical. more

Gconomy Visa October, 22, 2009

Credit cards are getting "greener" each day and this week the card with most "green" to-date has entered the market. The new "Gconomy Visa" offers points for each purchase, donates a portion of every purchase to a "green" schools program, and rewards ... more

CARD Accelerated October, 21, 2009

Cardholders want it and want it NOW! While some legislators are trying to get the remaining "CARD Act" provisions implemented sooner, a new survey shows 56% of Americans want the laws moved up to December instead of February 2010. more

Christmas Cards October, 20, 2009

After being shelved for years due to high administrative costs, "Christmas Club" store cards are back. Sears, Kmart and the Stage Stores have launched new cards this season. With the Sears "Christmas Club" gift card, customers can deposit funds on the cards ... more

Home Giblets October, 19, 2009

About 30% of U.S. consumers plan to adjust this yearâs travel plans for Thanksgiving. Nineteen percent of the general population who traveled last year will be staying home this year. more

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News Library - October, 2009