Credit Cards News. Tag: 'bank'




Does The Internet Cause Inefficiency and Security Lapses?

24 April 2012

Does The Internet Cause Inefficiency and Security Lapses?

We have all heard about how social networks such as Facebook are having a negative impact on employee productivity and the media has been awash with accounts of how companies are attempting to deal with the growing problem.



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Do Not Panic If You Have Received A 1099-C

17 February 2012

Do Not Panic If You Have Received A 1099-C

The last many weeks has seen a flood of questions from the taxpayers who have become very upset after receiving 1099-C or 1099-A forms for debt which were in actual forgiven or never paid or were extinguished in bankruptcy.



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New Upside Visa Offers Cash Back Rewards

2 August 2011

New Upside Visa Offers Cash Back Rewards

A new prepaid Visa card has been launched offering 100% approval with no credit check and no activation fees. The Upside Visa Debt Free Prepaid Card aims to give consumers all the power of having a regular bank account.



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U.S. Bank Set To Launch Wearable E-Wallet

26 July 2011

U.S. Bank Set To Launch Wearable E-Wallet

Following successful trials of MasterCard’s PayPass enabled wristbands at a UK music festival earlier this year, U.S. Bank are set to introduce the VITAband, a wristband containing not only a MasterCard PayPass chip, but also the wearer’s emergency contacts and …



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Credit Card Standards Relax For First Time Since 2008

15 July 2011

Credit Card Standards Relax For First Time Since 2008

For the first time in the past 4 years, credit card standards have eased for some of the nation’s top 16 lenders.

An annual study from the U.S. Office of the Comptroller of the Currency revealed that 25 percent of …



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Fed Sets Swipe Fee Cap At 21 Cents

13 July 2011

Fed Sets Swipe Fee Cap At 21 Cents

The Federal Reserve has listened to the pleas of bankers and increased the debit card interchange fees cap. However, the fees will still be half of the current average which still spells a loss in revenue.



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Visa Launches New Security Sense Website

12 July 2011

Visa Launches New Security Sense Website

Credit Card company Visa Inc. have issued consumers with tips on how to protect themselves against credit, and debit, card fraud during their vacations. The tips are issued via Visa’s Visa Security Sense Website.



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U.S. Bank Launches EMV Credit Cards

22 June 2011

U.S. Bank Launches EMV Credit Cards

Banks have been slow to embrace the cutting edge credit card technology, EMV (Europay, MasterCard and Visa), which is also known as contactless payment.



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CitiBank Under Fire After Security Breach

20 June 2011

CitiBank Under Fire After Security Breach

Citibank has been criticized over the way in which they handled the release of information regarding the recent security breach after it emerged that they failed to alert customers, many of whom found out only after reading news reports on …



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Wells Fargo APR Change Prompt Fall In National Average

31 May 2011

Wells Fargo APR Change Prompt Fall In National Average

The average annual percentage rate fell this week for the first time since early March, thanks to Wells Fargo making adjustments to the APR range offered on two of its rewards cards.



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Small Banks Face Danger From Swipe Fee Reforms

25 May 2011

Small Banks Face Danger From Swipe Fee Reforms

As the row over interchange, or swipe, fee reform begins to draw to a conclusion, Federal Reserve chairman Ben Bernake fears, during his recent testimony to the Senate, that new regulations will have a damaging effect on smaller banks and …



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Rite Aid Offers Plastic Paychecks

20 May 2011

Rite Aid Offers Plastic Paychecks

Drugstore giant Rite Aid has announced plans to offer their 91,000 employees the opportunity to receive paychecks in the form of prepaid debit cards.



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