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Finance News's Articles in Credit Card

  • Recession Proof Your Finances -- Money Advice from Consolidated Credit Counseling Services, Inc
    With everyone talking about an impending recession -- or declaring that we are in a recession now -- many people feel their financial future is not safe.
  • Heartland Payment Systems Opens State-of-the-Art Service Center in Indiana
    Heartland Payment Systems (NYSE: HPY), a leading provider of credit/debit/prepaid card processing, payroll and payment services, today announced the opening of its state-of-the-art service center in Jeffersonville, Indiana.......
  • Highland Credit Strategies Fund Announces Terms of Rights Offering
    Highland Credit Strategies Fund (the “Trust”) (NYSE: HCF) announced today that its Board of Trustees approved the terms of a transferable rights offering of additional common shares of the Trust (the “Offer”). Highland Capital Management, L.P., the Trust’s investment adviser,......
  • Jingle Bells: Fraud Prevention On The Line
    According to industry estimates, epidemic rates of identity theft and credit card fraud are costing banks and credit card companies $20 billion annually. “Consumers are especially vulnerable to credit card fraud around holiday time, when people are known to give their credit cards a serious workout,” says Anders Ericsson, CEO of MobiClear Inc...
  • FaceTime Researcher Discovers Stolen Credit Card Details Posted to Internet Forum
    Research experts at FaceTime Security Labs™ today discovered a considerable collection of stolen credit card details posted on a “Warez Forum,” a discussion group frequented by hackers trading pirated media and video games. The authorities have been notified........
  • uWink Successfully Implements Customer-Controlled Pay-at-the-Table Technology
    uWink, Inc. (OTCBB:UWKI), a developer of digital media entertainment software and an interactive restaurant concept, today announced the successful implementation of customer-controlled pay-at-the-table technology........
  • Discover Financial Services to Record Non-Cash Impairment Charge for Goldfish Business; Company
    Discover Financial Services (NYSE: DFS) announced today that it expects to record a non-cash impairment charge related to its Goldfish MasterCard and Visa credit card business in the United Kingdom in the quarter ending Nov. 30, 2007......
  • Smart Choice, First USA Sign Credit Card Agreement
    Smart Choice® (a wholly-owned program of Worldwide Insurance Network, Inc.) and First USA today announced they have launched the SmartChoice Visa® Card with Flexible Rewards. The credit card will be marketed under the Smart Choice brand name,....
  • Vesdia and MXT Card Services Form Alliance to Offer Unique Rewards
    Vesdia Corporation, a leading provider of loyalty marketing services, and MXT Card Services LLC today announced that they have signed a multi-year agreement to enhance Vesdia’s branded programs with a robust selection of affinity-based reward credit cards........
  • ANI Adopts New Prepaid Card Dispensing Technology from Better ATM Services
    Better ATM Services (www.betteratmservices.com), a company with patented technology that enables the dispensing of prepaid gift cards from ATMs, announced today that the premier single source provider of ATM related services, ANI Advanced Network.......
  • Ares Capital Corporation to Host Conference Call
    Ares Capital Corporation (NASDAQ: ARCC) announced today that it will host a brief conference call at 4:30 p.m. (Eastern Time), today, Monday, November 26, 2007 to discuss the establishment of Ivy Hill Middle Market Credit Fund, Ltd. Topics covered will include a discussion of the basic mechanics......
  • GE Money and Joe’s Sports & Outdoor Gear up Consumer Finance Program
    GE Money and Joe’s Sports & Outdoor, one of the top 50 sporting goods retailers in the U.S., today announced a five-year agreement to provide the Joe’s Sports & Outdoor credit card. The Sport Finance Program, managed by GE Money’s Sales Finance unit.......
  • CreditCards.com Announces the Uniquely YoursTM Credit Card Design Competition
    CreditCards.com, a leading online marketplace for credit card seekers, announced a design competition that should appeal to anyone seeking self expression through an unusual and overlooked medium – the credit card......
  • Debix Stops Record Number of Identity Theft Attacks
    Debix, the Identity Protection Network, today announced it stopped a record seventy-one identity theft attacks in August while safely opening over 10,000 new credit accounts for its 275,000 members and banks.....
  • 3Delta Systems Appoints Howard Ives VP of Sales and Business Development
    3Delta Systems, Inc.® (3DSI), a leader in online credit card payment solutions, today announced that Howard Ives has joined the company’s management team as vice president of sales and development, a newly created executive position.......
  • Dynamic Card Solutions Launches First and Only Custom Debit/Credit Card Personalization Product
    Dynamic Card Solutions (DCS), developer of CardWizard®, the leading instant issue and PIN selection software application for financial institutions, today introduced the CardWizard FCP 20/20, the industry’s first and only patent-pending instant issuance product to offer full, over-the-edge card personalization.........
  • Datacard Group Announces Contactless Smart Card Coupler for Desktop Instant Issuance
    Today at the BAI Retail Delivery Conference & Expo, Datacard Group strengthened its commitment to the instant issuance market by announcing a contactless smart card coupler option for the Datacard® 150i desktop card personalization system.
  • U.S. Bank Partners with U.S. Figure Skating to Offer Affinity Credit Card
    U.S. Bank and U.S. Figure Skating have partnered to offer skating enthusiasts the U.S. Figure Skating Visa card. The card generates support for the mission and programs of U.S. Figure Skating each time a new card is activated and repeatedly thereafter each time the card is used......
  • Credit Card Cancellation Rates Dropping, But Secondary Cards Bear the Burden
    Consumers are canceling credit cards at a lower rate than has been seen for the past several years, according to research conducted by Auriemma Consulting Group (ACG).
  • Guy Carpenter Publishes Briefing Paper On Subprime Credit Crisis
    Guy Carpenter & Company, LLC, the leading global risk and reinsurance specialist and a part of the Marsh & McLennan Companies (NYSE: MMC), today announced the publication of Credit Market Aftershock Threatens Professional Liability Profits, a briefing paper that assesses the impact of the subprime mortgage market collapse on the professional liability insurance market.....
  • Former Creditcards.com Owners Set to Launch Approvals.com
    Internet Real Estate Group and its founders Andrew Miller and Mike ‘Zappy’ Zapolin will re-enter the lucrative financial lead generation space with the launch of Approvals.com. Miller and Zapolin, known for their expertise in developing premier domains, previously owned Creditcards.com.....
  • Survey: E-Duction’s Clear MasterCard® Program Rates High in Customer Satisfaction
    E-Duction, Inc., the leading employment-based payments firm providing guaranteed-issue, reasonably-priced credit solutions for employees, announced that more than four out of five respondents in a recent survey said they were highly satisfied with the company’s Clear MasterCard® program......
  • Post Properties Expands Its Credit Facility to $600 Million
    Post Properties, Inc. (NYSE: PPS) today announced that it has expanded by $150 million its unsecured revolving line of credit facility, bringing the total commitment to $600 million. The expanded credit facility will provide additional liquidity to the Company to be used for general corporate purposes and to fund Post’s growing development pipeline.....
  • Passageways Selected by Four Credit Unions to Provide Corporate Portal System
    Passageways, a West Lafayette, Ind.-based portal solutions provider for financial institutions, announced that Mazuma Credit Union (Kansas City, Mo.), Members 1st Federal Credit Union (Mechanicsburg, Pa.), TruMark Financial Credit Union (Trevose, Pa.) and FDIC Federal Credit Union (Washington) selected the Passageways Corporate Portal Framework to streamline internal communications and data management......
  • High-Fee, Low-Credit Predatory Credit Cards Prey Upon the Poor
    A major warning today for consumers: Banks and marketers, taking advantage of inadequate laws and weak oversight by regulators, are quietly collecting hundreds of millions of dollars in profits selling nearly worthless predatory credit cards targeting vulnerable consumers,....
  • moneygem.com, Innovative Consumer Finance Comparison Service for the UK Launched
    HGi Media Systems is proud to announce the launch of www.moneygem.com, an innovative consumer finance comparison service that allows users to quickly and easily locate credit cards, loans, mortgages, bank accounts, insurance services and more. In as little as three clicks, a user can potentially find a suitable credit card or financial product without having to offer any personal information or undertake tedious form filling.........
  • LabCorp® Enters into New Credit Facilities Totaling $1 Billion
    Laboratory Corporation of America® Holdings (LabCorp®) (NYSE: LH) today announced that it has entered into new senior unsecured credit facilities totaling $1 billion. Credit Suisse will act as Administrative Agent, Sole Bookrunner and Sole Lead Arranger for a group of financial institutions..
  • $1 Million in Community Giving Surpassed by Pacific Service Credit Union
    Pacific Service Credit Union announces that it has surpassed $1 million in giving through its Community Involvement Program. Launched in 2001, to give back to the communities it serves, the Credit Union’s Community Involvement Program focuses on five major areas designated for charitable giving: children (especially those in at-risk and low-income areas)......
  • ProQuo Launches Free Website to Help Consumers Take Control of Their Personal Information to Reduce
    ProQuo(TM) Inc., a company founded to help consumers control their personal information, today announced a new, free website that helps consumers manage how businesses use their personal information—like their name, address, credit worthiness and buying habits—to market to them......
  • Preeminent Loyalty Guru and Creator of Net Promoter® Score Fred Reichheld Named as ''2007
    Fred Reichheld, Bain & Company Fellow, creator of the Net Promoter® Score, and author of the best-selling loyalty trilogy The Loyalty Effect, Loyalty Rules! and The Ultimate Question, has been recognized by CRM magazine, a leading customer relationship management trade publication, as one of six 2007 Influential Leaders........
  • 12-Button Credit Card Embedded Authentication Device from Innovative Card Technologies & Emue
    Innovative Card Technologies (NASDAQ:INVC) and Emue Technologies, co-developers of the 12-button Credit Card Embedded Authentication Device for secure online and phone banking, today announced that the International Card Manufacturers Association (ICMA) has named the breakthrough security device the winner of the top honor “Judge’s Choice” Élan Award and winner of the “Technical Achievement” Élan Award.....
  • TransFund$, A Division of TransCard, Announces Landmark Partnership
    TransFund$, a division of TransCard, a premier prepaid debit card and fuel card solution provider to the transportation industry, announced today a landmark partnership with TruckersB2B of Indianapolis, IN. The Chattanooga-based provider will be offered as a fuel card processor for TruckerB2B fleets, and offer their TransFund$ card as a one-card solution which easily manages fuel, cash and checks, and can even be utilized as a payroll card...
  • When It’s Really FREE Talkster Asks, ''Who Will You Call?''
    Award-winning Voice 2.0 company Talkster (www.Talkster.com) announced today the availability of a new consumer calling service offering completely free long distance and international calls and conference calling all over the world. The service is appropriately named Talkster’s Free World Dialing™.....
  • Gemalto Provides Web Services to SEB’s German Affiliate for Designing Personalized Credit Cards
    Gemalto, the world leader in digital security, today announced it has supplied SEB Germany with an innovative end-to-end solution for secure Internet design of personalized credit cards. The SEB Group is a North European financial group for 400,000 corporate customers and institutions and 5 million private customers. It has a strong local presence in Germany with about 1,000,000 clients.......
  • Gemalto Provides Web Services to SEB’s German Affiliate for Designing Personalized Credit Cards
    Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, today announces it has supplied SEB Germany with an innovative end-to-end solution for secure Internet design of personalized credit cards........
  • BioTime Announces New Line of Credit
    BioTime, Inc. (OTCBB:BTIM) today announced that it has entered into an amendment of its Revolving Line of Credit Agreement (the “Credit Agreement”) that increases the amount of the line of credit to $1,000,000 and extends the maturity date to April 30, 2008.........
  • Aimbridge® Lending Solutions’ Credit Desk Support Reaches Its 50th Customer
    Aimbridge® Lending Solutions, an integrated provider of multi-channel, multi-lender auto buying and lending services, announced today that 50 credit unions across the country are now live with Credit Desk Support (CDS), its underwriting service designed to complete auto loan assessments on demand.....
  • GE Provides $117.25 Million Credit Facility to Support Arlington Capital Partners’ Acquisition of
    GE Commercial Finance’s Media, Communications & Entertainment business today announced it has closed a transaction as administrative agent for a $117.25 million credit facility to support Washington D.C.-based private equity firm Arlington Capital Partners’ acquisition of Daily Racing Form, the 112-year-old daily newspaper covering thoroughbred racing.....
  • Heartland Payment Systems Acquires General Meters Corporation
    Heartland Payment Systems (NYSE:HPY), a leading provider of credit/debit/prepaid card processing, payroll and payment services, today announced it has acquired General Meters Corporation, a developer and provider of one-card systems for college and university campuses......
  • Paymetric Announces Release of PCMATM, Payment Card Management and Analytics Application for SAP
    Paymetric, Inc., a leading provider of innovative payment card software for SAP, announced today the release of PCMATM, a payment card management and analytics solution for optimizing payment card processing functionality in native SAP....
  • Heartland Payment Systems Announces Conference Call to Discuss Third Quarter and First Nine Months
    Heartland Payment Systems, Inc. (NYSE:HPY), a leading provider of credit/debit/prepaid card processing, payroll and payment services, today announced that its results for the third quarter and first nine months of 2007 will be released before the market opens on Thursday, November 1, 2007. ....
  • Deion Sanders Teams Up with eLayaway.com
    eLayaway.com announced today that Deion Sanders will be joining the company as Ambassador, a role that will allow him to help people avoid the pitfalls of credit card debt and promote this positive alternative to credit..
  • IPG Photonics Obtains New 15 Million Euro Credit Facility
    IPG Photonics Corporation (Nasdaq: IPGP), the global leader in high-performance fiber lasers and amplifiers for diverse applications in numerous markets, today announced that it has entered into a new 15 million EURO ($21 million) unsecured revolving credit facility with Deutsche Bank AG. The credit facility bears interest at various rates based.....
  • L2C Launches Industry-Specific Link2Credit Scores
    L2C, a consumer credit scoring company that specializes in helping banks, credit card companies and other lenders reach the underbanked market, announced the launch of its industry-specific Link2Credit Scores for the consumer finance industry, as well as bankcard industry markets......
  • GE Money and Closet Tailors Help Consumers Get Organized with Finance Program
    GE Money today announced it will offer a new private label credit card to U.S. customers of Closet Tailors, which specializes in designing and installing custom organization solutions. The Closet Tailors Credit Card, managed by GE Money’s Sales Finance unit, will be available through more than 100 franchises across the U.S. and offers a quick and easy application, sales process with promotional financing and deferred interest terms. .....
  • SuperDerivatives Releases a Major Upgrade of Its Real-Time Platform for Credit Derivatives
    SuperDerivatives®, the benchmark for options and the world’s leading multi-asset derivatives solutions provider for real-time option pricing, independent revaluation, derivatives data, trading and risk management systems, has announced a new release of its online credit derivatives platform, SD-CD. The new version represents a substantial increase in the level of functionality....
  • Notre Dame, Chase Enhance Fightin’ Irish Fan Experience; ND Becomes One of the First
    Chase Card Services, a division of JPMorgan Chase & Co. (NYSE:JPM), and the University of Notre Dame today announced the acceptance of blink at Notre Dame Stadium and the Joyce Center. Cardmembers will be able to use their Notre Dame Visa® Card with blink at more than 60 concession stands throughout the campus,....
  • Giving Tree GiveCardTM Prepaid MasterCard® to Target Socially Conscious Consumers
    Giving Tree, LLC (www.GivingTreeLife.com) announced today the launch of its business and website. The privately held Nashville, TN-based company is a for-profit social enterprise in the stored-value card market. The company will offer its first product, the Giving Tree GiveCard, online by November 1, 2007, primed for the Holiday Season......
  • Discover® Card Ranked Highly in Customer Satisfaction in the J.D. Power and Associates 2007 Credit
    Discover Financial Services (NYSE: DFS) announced today that Discover® Card scored highest in both the Rewards and the Billing and Paying Process factors in the J.D. Power and Associates 2007 Credit Card Satisfaction StudySM. The inaugural study analyzes the five factors critical to the level of satisfaction consumers have with their primary credit card companies......
  • Austin Logistics Opens Shanghai Office
    Austin Logistics, the leading provider of event-based predictive analytic software that increases the value of each customer interaction, today announced that it has opened an office in Shanghai to better serve customers and prospects in China. Supplier of predictive analytic and decision solutions to many of the world’s largest financial institutions.....
  • La Quinta Partners with Chase to Launch Loyalty Program Credit Card
    La Quinta Inns & Suites, one of the largest operators of limited-service hotels in the United States and Chase Card Services, a division of JPMorgan Chase & Co. (NYSE:JPM), are making it easier to earn points in the La Quinta Returns frequent guest program with the launch of the new La Quinta Visa® Rewards Card........
  • Seven Billion Dollar BECU Renews Agreement with Open Solutions for Five More Years
    BECU (formerly Boeing Employees Credit Union), the largest credit union in Washington State and one of the top five financial cooperatives in the United States, recently renewed its contract with Open Solutions Inc.®’s for an additional five years. The credit union has relied on Open Solutions’ The Complete Credit Union Solution®,...
  • The Board of Directors of Capstead Mortgage Corporation (NYSE: CMO) announced today that it will
    Official Payments Corp.®, a subsidiary of Tier Technologies, Inc. (Nasdaq: TIER), today announced that Guilford County, North Carolina taxpayers can now pay their real and personal property taxes, and motor vehicle taxes, online or by telephone using a debit or credit card......
  • Paymetric Releases XiPayNetTM On-Demand Credit Card Acceptance for Enterprise Systems
    Paymetric, Inc., a leading provider of innovative payment card software, announced today the release of XiPayNetTM, an on-demand web-based service for accepting, managing and integrating credit card transactions in enterprise resource planning systems, such as SAP.......
  • Webster Bank, N.A., First USA Renew Credit Card Agreement
    Webster Bank, N.A., a wholly-owned subsidiary of Webster Financial Corporation [NYSE:WBS], and First USA today announced they have extended their existing agent bank agreement. The credit cards will be marketed under the Webster Bank brand name, and First USA will continue to service the loans and provide administrative support for the program..
  • Oasis Online Technologies to Acquire TranSend International, Developer of MasterCard’s OneSmart
    Oasis Online Technologies Corp. (OTCBB:OOLN) has entered into a letter of intent with TranSend International, Inc. to acquire 100% of TranSend’s outstanding shares.
  • Dynamic Card Solutions’ CardWizard Software Enters Retail Space
    Dynamic Card Solutions (DCS), developer of CardWizard®, the leading instant issue and PIN selection software application for financial institutions, today announced a new avenue for financial institutions......
  • CreditCards.com Provides Credit Card Search Engine to ShopLocal
    CreditCards.com, Inc. announced today an agreement to provide its credit card search engine to ShopLocal.com, a leading comparison shopping Web site. The CreditCards.com search engine, containing current credit card offers from over 20 credit card issuers, will provide ShopLocal.com visitors the ability to select from among a wide range of credit card types, including low-interest, rewards, airline and cash back cards.....
  • CreditCards.com Provides Credit Card Search Engine to RagingBull.com
    CreditCards.com announced today an agreement to provide its credit card search engine to RagingBull.com, an online investment community portal and message board site that is part of the eSignal suite of financial and business information products......
  • ICT GROUP Achieves Payment Card Industry (PCI) Certification
    ICT GROUP, INC. (NASDAQ:ICTG), a leading global provider of customer management and business process outsourcing solutions, today announced that it has successfully completed its security audit and achieved full certification as a Level 1 Service Provider under the Payment Card Industry (PCI) Data Security Standard.....
  • A.M. Best Affirms the Ratings of Euler Hermes American Credit Indemnity Company
    A.M. Best Co. has affirmed the financial strength rating (FSR) of A+ (Superior) and the issuer credit rating (ICR) of “aa-” of Euler Hermes American Credit Indemnity Company (Euler Hermes) (Owings Mills, MD.). The outlook for both ratings is stable.........
  • Moody’s KMV Hosts Third Annual Credit Practitioner Conference
    At this week’s third annual Credit Practitioner Conference, hosted by Moody’s KMV, 90% of polled delegates believed that current trade imbalances and liquidity issues in the United States will impact credit risk in other parts of the world.....
  • More Online Consumers Turn to Alternative Payment Methods for Security and Convenience
    A new nationwide consumer study by Javelin Strategy & Research shows that online transactions will more than double to reach $355.2 billion over the next five years, sparking a dramatic shift in how Americans pay for all purchases. By 2012, 30% of Americans will turn to online alternative payments, ...
  • efileSalesTax.com Now Accepts Credit Cards for Sales Tax Payments
    efileSalesTax.com has always saved taxpayers time and money with its quick and efficient system for filing California sales tax returns; however, users have been limited to one method of tax payment: debit from a bank account. Now, the team at efileSalesTax has worked closely with the California Board of Equalization (BOE) to allow credit card sales tax payments when you e-file...
  • Elan Financial Services Launches Credit Card Program with Citizens Bank of Blount County
    Tennessee-based Citizens Bank of Blount County, a full-service financial institution with more than $301 million in assets and eleven branches, has selected Elan Financial Services to provide credit card issuing solutions to its customers. Elan, a partner to financial institutions for more than 30 years, currently manages more than 1,600 agent credit card programs........
  • CreditCardClients.com Releases the Business Savings Agent™
    CreditCardClients.com, a research and development company specializing in interactive applications that support consumer finance decisions, today announced the launch of the Business Savings Agent™........
  • Many Consumers Do Not Visit Their Credit Card Company’s Website According to Auriemma Consulting
    Research recently conducted by Auriemma Consulting Group (ACG) showed that 32% of credit card users have never visited the website associated with their most frequently used credit card. ACG research shows that cardholders that do not visit their credit card company’s website because of a concern for personal information.......
  • SCHUFA and Fair Isaac Partner to Help German Financial Institutions Turn Analytics into Competitive
    Germany’s premier credit services provider SCHUFA and Fair Isaac Corporation (NYSE:FIC), the leading provider of analytics and decision management technology, today announced their collaboration to help German financial services providers manage credit risk and prevent fraud.
  • IHS Inc. Amends Credit Facility
    IHS Inc. (NYSE: IHS) announced today that it has amended and restated its unsecured, revolving credit facility from $125 million to $385 million as of Sept. 7, 2007. Terms are for five years and allow for an increase up to a maximum of $500 million. ....
  • Upcoming Omega Performance Corporate Finance Webinar on Building Profitable Commercial Credit
    Long-term success in today’s sophisticated financial services environment requires commercial and corporate relationship managers and credit officers to understand, and be conversant with, key corporate finance fundamentals utilized by financial institution clients. However, most of these financial services professionals are trained to assess risk relative to the extension of credit; not on factors contributing to the significant investment decisions made by their clients.....
  • CreditCards.com Named to 2007 Inc. 500 List
    CreditCards.com, a leading Internet credit card comparison website, announced today their selection to the Inc. Magazine’s 26th annual Inc. 500 list. The Inc. 500 represents a list of the fastest growing privately held businesses in the United States.......
  • Rumbi Island Grill Deploys MegaPath SecureConnect Services to Protect Credit Card Transactions
    MegaPath Inc., the leading provider of managed IP voice, data and security services in North America, today announced that Rumbi Island Grill is using its SecureConnect Site-to-Site VPN and SecureConnect Managed Security services to protect network assets and customer credit card transactions across its 22 locations throughout Arizona, Colorado and Utah.
  • Consumer Alert for VIRUSfighter: New Trojan Attempting to Steal Credit Card Information Poses
    Several internet users received a surprise when a notification popped up suddenly on their screen saying a virus had been found. In order to quarantine this virus, they must pay. This malware, named Malware.AMCC, claims to be VIRUSfighter....
  • Face of Credit Introduces Innovative Services to Fight Identity Fraud
    The services —Facial Recognition Credit Alert and ID Receipt— utilize a customer's photo, physical description, and links to credit report information to thwart attempts to illegally use credit cards, bank accounts, and other financial instruments.....
  • DineWise Announces Strategic Relationship with MasterCard
    DineWise, Inc. (OTCBB:DWIS), a leading direct marketer of delicious, chef-prepared meals and quality foods since 1959, today announced it has signed an agreement with MasterCard Worldwide, to provide an offer as part of the MasterCard Global Premium Collection which offers financial institutions that issue MasterCard branded Premium cards, which include Gold, Platinum, World and World Elite cards, with special offers for their affluent cardholders....
  • The Hartford Finds Boomers Relying on Their Nest Egg to Launch New Businesses
    Personal savings is by far the preferred source of new business financing among baby boomers, dwarfing debt-related financing such as credit cards and loans. This is among the key findings of a national survey of more than 500 boomer business owners conducted by The Hartford Financial Services Group, Inc. (NYSE: HIG).....
  • GE Money and Provident Bank Partner to Provide Credit Cards to Retail and Business Customers
    GE Money, the consumer lending unit of General Electric Company (NYSE:GE), and Provident Bank (NASDAQ: PBKS), Maryland’s largest independent commercial bank, today announced they will offer a Provident Bank Rewards Platinum MasterCard® and ProductivitySM Card for Business MasterCard to its customers in Maryland, Virginia and Southern York County, PA.....
  • American Nurses Association Chooses GE Money to Provide Credit Card Product to Members
    GE Money, the consumer lending unit of General Electric Company (NYSE:GE), and the American Nurses Association (ANA), the largest national nursing association representing the interests of the nation’s 2.9 million Registered Nurses (RNs), today announced they will offer an ANA Rewards Platinum MasterCard® credit card to its members and prospective members in the U.S......
  • Cousins Properties Recasts Credit Facility
    Cousins Properties Incorporated (NYSE: CUZ) announced today it has recast its unsecured revolving credit facility ("Revolver"), increasing the size by $100 million to $500 million and extending the maturity date to August 2011 with an additional one year extension.....
  • GE Money to Purchase Chevron’s Proprietary Consumer Credit Card Business
    GE Money, the consumer lending unit of General Electric Company (NYSE: GE), announced today that it has reached an agreement, through its Retail Consumer Finance Division, to purchase the proprietary consumer credit card business from Chevron Corporation (NYSE: CVX) subsidiaries, Chevron U.S.A. Inc. and Chevron Credit Bank, N.A.........
  • Credit Card Embedded Authentication Device from Innovative Card Technologies & Emue Technologies
    Innovative Card Technologies (NASDAQ:INVC) and Emue Technologies, co-developers of the breakthrough Credit Card Embedded Authentication Device for secure online and phone banking, today announced that “Info Security Products Guide,” a Silicon Valley Communications publication and the world’s leading publication on security-related products and technologies.....
  • AccountNow Secures Funding from the New CFSI Catalyst Fund
    AccountNow, Inc., a leading marketer of MasterCard® and Visa® branded prepaid cards for the estimated 40 million strong underbanked consumer market, today announced that the Center for Financial Services Innovation’s new Catalyst Fund......
  • GE Money Launches Consumer Financing Program with International
    GE Money's Sales Finance unit and International Solid Surface Fabricators Association (ISSFA), a non-profit trade association for solid surface and quartz fabricators, today announced a new five-year relationship to provide private label revolving and installment credit options through GE's PROJECTLINESM and PROJECTLOANSM programs.....
  • Idearc Media Caters To Bronx’s Diverse Population With Bilingual Verizon Yellow Pages
    Idearc Media Corp., home to Superpages.com® and publisher of the Verizon® Yellow Pages, recently completed distributing the Bronx Verizon Yellow Pages directory and two community books, the Riverdale-Kingsbridge and City Island CO-OP City Verizon Yellow Pages. The Bronx Verizon Yellow Pages is a bilingual “flipped” book with English on one side and Spanish on the other.........
  • Twin Cities Credit Union Takes on the Challenge of Helping Local Consumers Get Better Rates on
    From credit cards to car loans, metro-area consumers may be paying too much for credit. Rates from 15-19% for car loans are not uncommon, and some credit cards have financing rates in excess of 20%, making it harder for borrowers to pay off their debt and get ahead.....
  • CreditCards.com, Inc. Files for Initial Public Offering
    CreditCards.com, Inc. announced today that it has filed a registration statement with the Securities and Exchange Commission relating to a proposed initial public offering of its common stock. The shares in the offering will be offered by CreditCards.com and certain selling stockholders...
  • INX Announces $10 Million Acquisition Credit Facility
    INX Inc. (Nasdaq:INXI) today announced that it has secured a $10 million credit facility with Castle Pines Capital LLC (CPC). The credit facility is in addition to an existing $50 million working capital facility and will be used specifically for funding acquisitions........
  • SiNSYS Implements Fair Isaac Falcon Fraud Manager to Enhance Debit and Credit Card Processing in Ten
    Fair Isaac Corporation (NYSE:FIC), the leading provider of analytics and decision management technology, today announced that European payment card processor SiNSYS has successfully implemented Fair Isaac’s Falcon™ Fraud Manager to help payment card issuers protect their customers and their portfolios from fraudulent transactions....
  • Russia’s First Monoline Credit Card Company Selects TSYS
    Tinkoff. Credit Systems, a Moscow-based consumer lending bank, has chosen TSYS Card Tech to supply its card management and authorisation system. The bank plans to become the first credit card monoliner in Russia and will focus exclusively on issuing credit cards....
  • Credit Card Balance-Transfer Activity Down, Average Balances Up, Says Cardbeat
    Consumers are maintaining their existing credit card relationships rather than rolling outstanding balances over to other cards, according to research recently conducted by Auriemma Consulting Group (ACG).....
  • Odyssey Re Holdings Corp. Announces Five-Year, $200 Million Credit Facility
    Odyssey Re Holdings Corp. (NYSE: ORH) announced today that it has entered into a five-year, $200 million credit facility with a syndicate of lenders. The credit facility replaces OdysseyRe's existing three-year, $150 million facility, which was entered into in September 2005......
  • Breaking Into The Inbox
    Fearful of being spammed out of existence, major credit card issuers hesitate to use email for targeting new customers, preferring traditional direct mail instead. Mintel Comperemedia reports that between January and March 2007, not one of the top mailing credit card companies—HSBC, Capital One and Chase— accounted for more than 2% of credit card email campaigns aimed at new customers.....
  • Leaving Debt Behind
    For millions of Americans, the financial strain of debt causes many to seek help from outside credit and debt service companies. And, while many believe these services are all the same, the truth is, there is a large degree of difference between debt settlement and credit counseling services....
  • McDermott Announces Upgrades by Credit Rating Agencies
    McDermott International, Inc. (NYSE:MDR) (“McDermott” or the “Company”) announced today that both of the major corporate credit rating services, Standard & Poor’s Ratings Services (“S&P”) and Moody’s Investors Service (“Moody’s”), have recently upgraded their respective ratings of McDermott and its rated subsidiaries.
  • Acacia Technologies Licenses Credit Card Fraud Protection Technology to Sears
    Acacia Research Corporation (Nasdaq:ACTG)(Nasdaq:CBMX) announced today that Financial Systems Innovation LLC, a wholly owned subsidiary of the Acacia Technologies group, a leader in technology licensing, has entered into a non-exclusive license covering a patent that applies to credit card fraud protection technology with Sears Holdings Management Corporation.......
  • GE Money and Gap Inc. to Offer Visa Card, Extend Credit Partnership Through 2013
    Furthering its growth strategy, GE Money, the consumer lending unit of General Electric Company (NYSE:GE), and Gap Inc. today announced that they will offer a Visa credit card to customers of Gap, Banana Republic, and Old Navy. GE Money also will continue to provide private label credit card programs for Gap Inc. through 2013....
  • Alienware Makes Purchase Process Quicker, Easier and Safer with Alienware Titanium Account
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