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Store closings cut off gift cards (Detroit News)
With numerous national retailers closing stores or going out of business, consumer advocates warn shoppers who have any unused gift cards to redeem them quickly. Among the retailers shuttering stores: Starbucks Corp., Zales Corp., Foot Locker, Ann Taylor and Eddie Bauer.
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Tatas Plan To Revive Credit Card Biz (Nasdaq)
(RTTNews) - The Tata group is thinking of reviving its credit card business. In this connection, Tata Sons is in the process of handing over the card business to its subsidiary, Tata Capital that is spearheading the group's financial services venture, media reported.
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Protect credit card transactions or risk millions in losses (BizJournals)
While each industry has its own unique procedures and challenges, the security of credit card transactions is arguably the most significant liability facing businesses today. And most business owners are completely unaware of it.
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DBS Bank plans credit card rollout in 3 years (Business Standard India)
Singapore-based DBS Bank, which has decided to beef up its Indian operations by adding eight new branches to the existing two across India in the next one month, may launch credit cards in the next two to three years.
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Gasoline credit cards can help cut costs (The Times of Northwest Indiana)
NEW YORK | With fuel prices taking a bigger bite out of budgets, and no sign of an imminent price decline, you may be considering an offer for a gasoline rewards card.
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Credit card proposal may get vote in Congress (AP via Yahoo! Finance)
Deepening economic distress and concern over consumer debt could help legislation that would overhaul practices of credit card companies get voted on in Congress as lawmakers return this week from summer recess.
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The Upcoming Technology of RFID For Contactless Access Control, Passports and Credit Cards is Too Easy to Compromise ... (Business Wire via Yahoo! Finance)
RICHMOND, England----Contactless RFID is well established for access control for buildings; simply wave your pass near the reader and the door opens. This technology is now being rolled out in the UK and around the World for so called 'BioMetric passports' and credit cards because there are no physical contacts or magnetic stripe to wear out.
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It's a hard time to get new credit (San Francisco Chronicle)
Credit - the grease that lubricates the economy - is in short supply now and apparently getting even shorter. For ordinary Americans, it's gotten to the point where even people with money in the bank, steady paychecks, good credit ratings and long histories...
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Retirement plan loans are risky business (The Oklahoman)
Dear Mr. Berko: Over a year ago, the employees of our company and I received debit/credit cards that let us take money from our 401(k) accounts. This is a great thing because instead of paying 22 percent or more in interest plus penalties and charges to Visa or Master Card, we would only pay 10 percent interest. What's more, what interest we paid would go to our 401(k) account because we had ...
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This Week (The Columbus Dispatch)
Federal Reserve issues report on consumer credit for July. Senate Commerce, Science and Transportation Committee holds hearing on prepaid calling cards.
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