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News Library - February, 2009

iPhone Terminal February, 26, 2009

A new application has been developed that enables an Apple "iPhone" or "iPod Touch" to become a credit card terminal for five million users. The new "ProcessAway" API utilizes the Authorize.net gateway. more

Feb Pulse February, 25, 2009

More than half of small business owners plan to decrease spending on business development in the next six months. Also, the number of owners who say they have experienced temporary cash flow issues in the past 90 days rose to 42% in February, up from 38% in ... more

Discover Current February, 24, 2009

Discover Financial Services has introduced a debit card for teens. The new "Current" card by Discover eliminates the risk of overdraft fees and offers members-only in-store coupons and online discounts at hundreds of merchants. more

Blue Card February, 23, 2009

A new credit card has been released that provides personal emergency response systems for Holocaust survivors living alone. The new affinity "Blue Card" is a joint product of CardPartner and a New York-based national nonprofit whose mission is to provide ... more

ThankYou February, 20, 2009

Citi is offering members of its "ThankYou Rewards Network" the chance to put their creativity into wallets around the world with the launch of the "ThankYou Gift Card Design Contest." Between May 1st and May 30th, consumers will be invited to vote for their ... more

MoneyCard February, 19, 2009

The world's giant retailer Wal-Mart has given up on fees for its "Walmart MoneyCard." Starting this week, U.S. consumers will be able to get the reloadable, pre-paid Visa debit card for just $3.00. more

Spend Analyzer February, 17, 2009

Want a better analysis of your personal spending? Discover has introduced the "Spend Analyzer." The new tool provides a visual representation of Discover Card purchases through graphical charts that organize their purchases into useful categories such as ... more

Surpass Cards February, 13, 2009

American Express and Hilton HHonors have teamed to launch the "Hilton HHonors Surpass Card" that offers 9 points for every eligible $1 spent at Hilton Family hotels. The "Hilton HHonors Surpass Card" also offers benefits such as complimentary standard ... more

E-Losses February, 11, 2009

Online revenues lost to payment fraud have remained relatively stable at 1.4%, but the dollar losses continue to mount as the industry grows. A recently released report estimates that $4 billion in online revenues were lost to payment fraud during 2008, ... more

Dec Debt February, 10, 2009

Consumer revolving credit, mostly credit card debt, declined for the third consecutive month in December, after hitting the brakes in October in the wake of the worst credit crunch in history. Americans cut a record $6.4 billion off total consumer revolving ... more