Tag Archive | "credit card"

Where’s Our Money?’ Calls on Congress to Roll Back Interest Rates

Sunday, April 18, 2010

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Where’s Our Money?’ Calls on Congress to Roll Back Interest Rates

As interest rates for mortgages, car loans and credit cards soar, American consumers are being forced to borrow their own money at exorbitant rates from the financial firms who access funds from the Fed at rates near zero. That’s another odious element of the trillion dollar Wall Street bailout, notes “Where’s Our Money?” – a blog [...]

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Consumers Union Urges Fed to Require Banks to Roll Back Recent Unfair Credit Card Interest Rate Hikes

Wednesday, April 14, 2010

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Consumers Union Urges Fed to Require Banks to Roll Back Recent Unfair Credit Card Interest Rate Hikes

After Congress passed legislation last year reining in some of the worst credit card lending practices, many banks responded by hiking interest rates before the new rules went into effect, including on customers with perfect bill paying records. Now Consumers Union, the nonprofit publisher of Consumer Reports, is calling on the Federal Reserve Board to require [...]

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CA Ushers in New Level of Agility with CA Agile Vision for Application Development from the Cloud

Saturday, April 10, 2010

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CA Ushers in New Level of Agility with CA Agile Vision for Application Development from the Cloud

Proven and Robust Agile Planning App Built and Delivered Fast on Salesforce.com’s Force.com Platform Helps Accelerate the Market Shift to Cloud 2 Salesforce.com Cloudforce 2 Tour today announced the general availability of CA Agile Vision™ Team Edition, the first native Force.com agile development planning tool, designed to enable business companies to unlock the competitive advantage of [...]

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Southwest Airlines Announces Double Credit Days

Wednesday, April 7, 2010

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Southwest Airlines Announces Double Credit Days

Fly Just Four Roundtrip Flights and Earn a Free* Roundtrip Ticket Anywhere Southwest Serves Southwest Airlines is introducing “Double Credit Days” rewarding frequent flyers with one bonus Rapid Rewards credit on every flight, anywhere Southwest flies. Therefore, Rapid Rewards Members can earn free travel on Southwest by taking just four roundtrip flights from any city [...]

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Bank of America Commits to Clarity for Small Business Customers

Tuesday, April 6, 2010

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Bank of America Commits to Clarity for Small Business Customers

Two Million Small Business Customers Receive Credit Card Clarity Commitment and Improvements to Account Terms In line with its commitment to provide customers with clear and concise information, Bank of America has expanded its industry-leading Clarity Commitment® to its two million small business credit card accounts. The Clarity Commitment – a one-page summary of each customer’s [...]

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Leader of Hacking Ring Sentenced for Massive Identity Thefts From Payment Processor and U.S. Retail Networks

Monday, March 29, 2010

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Leader of Hacking Ring Sentenced for Massive Identity Thefts From Payment Processor and U.S. Retail Networks

The leader of the largest hacking and identity theft ring ever prosecuted by the U.S. government has been sentenced to 20 years and one day in prison for his role in a series of hacks into a major payment processor and several retail networks for credit cards, announced Assistant Attorney General for the Criminal Division [...]

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Financial Literacy Month - A Good Time to Have ‘the Talk’ With Your Teen About Money

Saturday, March 27, 2010

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Financial Literacy Month - A Good Time to Have ‘the Talk’ With Your Teen About Money

The Illinois CPA Society offers suggestions on raising savings smart teens April is Financial Literacy Month, and the recently announced findings of the annual “Teens and Personal Finance Survey” conducted by Junior Achievement (JA) and the Allstate Foundation, indicate it might be wise to pay a little more attention to the importance of financial literacy – [...]

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The Average AMC Appraiser Has More Than 15 Years Experience: TAVMA

Monday, March 15, 2010

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The Average AMC Appraiser Has More Than 15 Years Experience: TAVMA

Study also finds AMCs use of certified appraisers exceeds the national average On average, an appraiser working with major appraisal management companies (AMC) has more than 15 years of experience appraising real estate properties, according to a new survey conducted by the Title/Appraisal Vendor Management Association (TAVMA). In addition, the survey showed that the vast majority [...]

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Smart Card Readers Cleaned Quickly and Effectively

Saturday, March 13, 2010

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Smart Card Readers Cleaned Quickly and Effectively

Remove contaminants that cause read errors on Smart Card Readers Dirt, oils and other contaminants are introduced into a card reader every time a credit card is inserted. For the read contacts to properly access the smart chip, it is critical that these contaminants are regularly removed to help avoid card reader errors. This newly released [...]

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Area Dining Establishments Informed of Possible Data Security Breach

Monday, March 8, 2010

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Area Dining Establishments Informed of Possible Data Security Breach

Officials of The Westin Bonaventure Hotel & Suites which is independently owned by Today’s IV, Inc. and operated by Interstate Hotels & Resorts, Inc. under a license issued by Westin Hotel Management, L.P. announced that the hotel’s four restaurants—Lake View Bistro, Lobby Court Bar, Bonavista Lounge, L.A. Prime—and its valet parking operations may have suffered [...]

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New CARD Act Disclosures

Sunday, March 7, 2010

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New CARD Act Disclosures

The Credit Card Accountability Responsibility and Disclosure (CARD) Act of 2009, which took effect February 22, 2010, requires new disclosures on monthly credit card statements. The Financial Services Roundtable and the Center for Responsible Lending have teamed up to explain a few of these new disclosures, which are intended to make the cost of credit [...]

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Increased Electronic-Payment Adoption with the New Credit Protection Act

Tuesday, March 2, 2010

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Increased Electronic-Payment Adoption with the New Credit Protection Act

Consumer assurances help to boost paperless payments for recurring service invoices, including Utilities, Healthcare, and Subscriptions Following the February 22nd “Credit Card Accountability, Responsibility and Disclosure Act” (the Credit CARD Act), BillingTree Inc., one of the nation’s leading on-demand payment processors anticipates a sharp increase in electronic-payment adoption as a result of increased card-holder confidence and [...]

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Payday Loans Growth Likely After Card Act of 2010

Wednesday, February 24, 2010

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Payday Loans Growth Likely After Card Act of 2010

According to Solomon Finance, payday loans lending may increase from the result of the new Credit Card Reforms, known as the CARD act, implemented on February 22, 2010. The new act enforces some stringent rules on credit card companies to protect consumers from ambiguous credit terms, fluctuating interest rates, and uninformed decision making. With [...]

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Credit Reform Is Coming - Know Where You Stand

Thursday, February 18, 2010

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Credit Reform Is Coming - Know Where You Stand

Equifax offers consumers more insight into their credit history; in advance of Credit CARD Act Major provisions of the Credit CARD (Credit Card Accountability Responsibility and Disclosure) Act of 2009 legislation, including new rules regarding rates, limits and fees, as well as billing and payments will make it easier for consumers to take control [...]

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The CARD Act and the College Crowd: MMI Offers Tips for Understanding the CARD Act

Thursday, February 18, 2010

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The CARD Act and the College Crowd: MMI Offers Tips for Understanding the CARD Act

While only 10 percent of respondents in a recent Money Management International (MMI) Back to School survey believe students should use credit cards to finance college costs, many students get their first credit card while they are in college. In fact, 84 percent of undergraduates have at least one credit card, according to a 2009 Sallie [...]

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