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News Library - 2009

DX TX June, 12, 2009

A new survey has found that 33% of U.S. physician offices do not accept credit cards as a form of payment, a 5% increase since last year's survey. Of those offices who accept credit cards, 66% take either MasterCard or Visa. more

Sapphire Cards June, 11, 2009

A real gem of a card is entering the market this summer offering premier travel benefits, premium customer service, the "Ultimate Rewards" program as well as enhanced identity theft protection and upgraded purchase protection. The new "Chase Sapphire" ... more

Miracle Card June, 10, 2009

A new card has been launched that will raise significant funds for more than 170 children’s hospitals and touch the lives of 17 million children each year. The new "Children's Miracle Network Discover Card" enables users to earn unlimited rewards on all ... more

April Debt June, 9, 2009

Consumer revolving credit, mostly credit card debt, continued its downward trend in April, posting its eighth consecutive monthly decline and its third straight month of double digit contraction. Since peaking at $977 billion in the third quarter, Americans ... more

Cardholder Pulse June, 8, 2009

Based on credit bureau data, the ratio of bankcard borrowers 90 days or more delinquent on one or more of their bankcards in the first three months of 2009 rose 9%, compared to the last three months of 2008 and up 11%, compared to one-year ago. Meanwhile, the ... more

Prepaid War June, 5, 2009

Competition is heating up in the reloadable prepaid card market which is good news for consumers. nFinanSe, an issuer of reloadable Discover prepaid cards, has taken on Walmart's reloadable Visa prepaid cards. more

Stacked Deck June, 4, 2009

While the U.S. Congress has recently and successfully banned some egregious practices in the credit card industry, there are still more issues that may possibly be addressed in the months ahead such as mandatory arbitration clauses, interest rate caps and ... more

Gettin Better June, 3, 2009

Economic confidence picked up again in May for the third consecutive month as more Americans believe the economy is getting better. However, consumers are still reluctant to increase their spending intentions, especially on discretionary purchases. more

Card E-Marketing June, 2, 2009

Websites marketing credit cards for a bounty per approved account have been taking it on the chin this year as more issuers pull the plug on Internet marketing or tighten underwriting standards. The average number of paid offers has declined by 50% over the ... more

Multi-Functional Card June, 1, 2009

A new card is being piloted that offers identification, swipe payments, contactless payments and secure access all on a single card. The "AccelaPay Visa," a prepaid payroll account, is being tested by U.S. Bank employees in Minneapolis. more